https://www.taxtmi.com/caselaws?id=211063 The court admitted the petition for winding up the respondent-company due to non-payment of dues totaling Rs. 19,41,499/- for computers and laptops provided on a rental basis. Despite the respondent's denial and counterclaims, the court found the petitioner's evidence of debt acknowledgment and non-return of laptops compelling. The respondent's defenses were deemed baseless, leading to a ruling in favor of the petitioner. The court emphasized the respondent's willful negligence in payment and directed the petitioner to advertise the winding-up petition and set a hearing date. en-us Wed, 21 Dec 2011 00:00:00 +0530 Sat, 03 Mar 2012 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211063 The court admitted the petition for winding up the respondent-company due to non-payment of dues totaling Rs. 19,41,499/- for computers and laptops provided on a rental basis. Despite the respondent's denial and counterclaims, the court found the petitioner's evidence of debt acknowledgment and non-return of laptops compelling. The respondent's defenses were deemed baseless, leading to a ruling in favor of the petitioner. The court emphasized the respondent's willful negligence in payment and directed the petitioner to advertise the winding-up petition and set a hearing date. Case-Laws Companies Law Wed, 21 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211063