https://www.taxtmi.com/caselaws?id=114055 The petition for winding up the respondent-company was dismissed by the court. The court emphasized that commercial insolvency must be established on an undisputed liability and left it open for the petitioner to pursue recovery of the alleged due amounts through a regular civil suit. en-us Thu, 28 May 2009 00:00:00 +0530 Sat, 08 Nov 2014 20:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114055 The petition for winding up the respondent-company was dismissed by the court. The court emphasized that commercial insolvency must be established on an undisputed liability and left it open for the petitioner to pursue recovery of the alleged due amounts through a regular civil suit. Case-Laws Companies Law Thu, 28 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114055