https://www.taxtmi.com/caselaws?id=242952 Commercial insolvency was established on the basis of admitted transactions, statements of account and an e-mail acknowledgment of liability, and the winding-up petition was admitted. The objection that statutory notice was not duly served failed because notice had been sent to the registered office and to the e-mail address intimated to the ROC. The defence that the goods were of inferior quality was rejected for lack of supporting material and did not displace the admitted debt. The absence of any reply to the statutory notice, together with the record, supported the finding that the company was unable to pay its debts. en-us Tue, 03 Sep 2013 00:00:00 +0530 Fri, 24 Jan 2014 09:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242952 Commercial insolvency was established on the basis of admitted transactions, statements of account and an e-mail acknowledgment of liability, and the winding-up petition was admitted. The objection that statutory notice was not duly served failed because notice had been sent to the registered office and to the e-mail address intimated to the ROC. The defence that the goods were of inferior quality was rejected for lack of supporting material and did not displace the admitted debt. The absence of any reply to the statutory notice, together with the record, supported the finding that the company was unable to pay its debts. Case-Laws Companies Law Tue, 03 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242952