https://www.taxtmi.com/caselaws?id=214370 The court accepted the petition for winding up the respondent company under Sections 433 and 434 of the Companies Act, 1956, due to the company's failure to repay a loan and dishonour of a post-dated cheque. The court found the respondent's defense lacking in bona fides and ordered the petitioner to cure procedural defects. The respondent was granted time to deposit the claim amount to demonstrate its ability to pay, with the final hearing date and advertisement of the petition's admission deferred to a later date. en-us Wed, 07 Mar 2012 00:00:00 +0530 Sat, 16 Jun 2012 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214370 The court accepted the petition for winding up the respondent company under Sections 433 and 434 of the Companies Act, 1956, due to the company's failure to repay a loan and dishonour of a post-dated cheque. The court found the respondent's defense lacking in bona fides and ordered the petitioner to cure procedural defects. The respondent was granted time to deposit the claim amount to demonstrate its ability to pay, with the final hearing date and advertisement of the petition's admission deferred to a later date. Case-Laws Companies Law Wed, 07 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214370