https://www.taxtmi.com/caselaws?id=220910 The Court dismissed the petition for winding up under Sections 433 and 434 of the Companies Act, 1956, as the Respondent's defense raised disputed questions of fact requiring further examination. The Court found the defense to be bona fide and not mere "moonshine," emphasizing the need for a genuine defense in such matters. The judgment allowed the Petitioner to pursue other legal remedies, as the Court was not convinced that the criteria for winding up were met based on the disputed facts presented. en-us Mon, 11 Feb 2013 00:00:00 +0530 Wed, 13 Feb 2013 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220910 The Court dismissed the petition for winding up under Sections 433 and 434 of the Companies Act, 1956, as the Respondent's defense raised disputed questions of fact requiring further examination. The Court found the defense to be bona fide and not mere "moonshine," emphasizing the need for a genuine defense in such matters. The judgment allowed the Petitioner to pursue other legal remedies, as the Court was not convinced that the criteria for winding up were met based on the disputed facts presented. Case-Laws Companies Law Mon, 11 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220910