https://www.taxtmi.com/caselaws?id=235711 The court held that despite potential weaknesses in the company's defense, it showed an arguable case to dispel the presumption of inability to pay. The court acknowledged the need for further assessment of the company's arguments regarding sales tax forms and the value of goods sold. As a result, the claim for refund was relegated to a suit, and the petition was permanently stayed with no order as to costs. The judgment underscores the importance of presenting a reasonable defense in legal actions and the necessity for a properly constituted legal process to resolve disputes effectively. en-us Tue, 16 Apr 2013 00:00:00 +0530 Thu, 01 Aug 2013 08:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235711 The court held that despite potential weaknesses in the company's defense, it showed an arguable case to dispel the presumption of inability to pay. The court acknowledged the need for further assessment of the company's arguments regarding sales tax forms and the value of goods sold. As a result, the claim for refund was relegated to a suit, and the petition was permanently stayed with no order as to costs. The judgment underscores the importance of presenting a reasonable defense in legal actions and the necessity for a properly constituted legal process to resolve disputes effectively. Case-Laws Companies Law Tue, 16 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235711