https://www.taxtmi.com/caselaws?id=113568 The court held that the statutory notice was validly served on the respondent-company through telegraphic mode, and the respondent's denial of receipt was insufficient to rebut the legal presumption of service. The respondent's defense on the merits was deemed implausible and an attempt to delay proceedings. Consequently, the court ordered the winding up of the respondent-company under section 434(e) of the Companies Act, 1956, as it was unable to pay its debts. The petition was granted, and the official liquidator was appointed to proceed with the winding-up process. en-us Thu, 17 Dec 2009 00:00:00 +0530 Mon, 20 Oct 2014 13:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113568 The court held that the statutory notice was validly served on the respondent-company through telegraphic mode, and the respondent's denial of receipt was insufficient to rebut the legal presumption of service. The respondent's defense on the merits was deemed implausible and an attempt to delay proceedings. Consequently, the court ordered the winding up of the respondent-company under section 434(e) of the Companies Act, 1956, as it was unable to pay its debts. The petition was granted, and the official liquidator was appointed to proceed with the winding-up process. Case-Laws Companies Law Thu, 17 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113568