https://www.taxtmi.com/caselaws?id=221835 Irregularities in verification of a winding-up petition and in the deponent's authority were treated as curable defects, because Rule 21 of the Companies (Court) Rules, 1959 permits verification by an authorised person and the Court may grant time to rectify non-fatal defects under its inherent powers and Rule 9. On the debt issue, a dispute defeats winding up only if it is bona fide, substantial and genuine; on the admitted facts, the defence was found to be an afterthought, the continued non-payment indicated inability to pay debts, and a deposit order was considered appropriate as an interim test of bona fides and safeguard. en-us Mon, 18 Jun 2012 00:00:00 +0530 Tue, 02 Apr 2013 06:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221835 Irregularities in verification of a winding-up petition and in the deponent's authority were treated as curable defects, because Rule 21 of the Companies (Court) Rules, 1959 permits verification by an authorised person and the Court may grant time to rectify non-fatal defects under its inherent powers and Rule 9. On the debt issue, a dispute defeats winding up only if it is bona fide, substantial and genuine; on the admitted facts, the defence was found to be an afterthought, the continued non-payment indicated inability to pay debts, and a deposit order was considered appropriate as an interim test of bona fides and safeguard. Case-Laws Companies Law Mon, 18 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221835