https://www.taxtmi.com/caselaws?id=127055 The Supreme Court found the winding-up petition inadmissible due to the disputed debt being subject to arbitration, the debt being bona fide disputed, and the appellant's sound financial position. The lower courts' judgments were set aside, and the civil appeal was allowed, dismissing the winding-up petition with costs to be shared equally by the respondents. en-us Wed, 09 Feb 1994 00:00:00 +0530 Thu, 02 Jul 2015 14:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127055 The Supreme Court found the winding-up petition inadmissible due to the disputed debt being subject to arbitration, the debt being bona fide disputed, and the appellant's sound financial position. The lower courts' judgments were set aside, and the civil appeal was allowed, dismissing the winding-up petition with costs to be shared equally by the respondents. Case-Laws Companies Law Wed, 09 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127055