https://www.taxtmi.com/caselaws?id=257478 The court dismissed the petition for winding up the respondent-company, citing the respondent's inability to pay as stemming from legal constraints imposed by the Bank of Maharashtra's proceedings, rather than financial incapacity. The court advised the petitioner to seek remedies for adjusting the amount owed to the Bank of Maharashtra through appropriate legal channels. en-us Thu, 16 Oct 2014 00:00:00 +0530 Fri, 13 Mar 2015 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257478 The court dismissed the petition for winding up the respondent-company, citing the respondent's inability to pay as stemming from legal constraints imposed by the Bank of Maharashtra's proceedings, rather than financial incapacity. The court advised the petitioner to seek remedies for adjusting the amount owed to the Bank of Maharashtra through appropriate legal channels. Case-Laws Companies Law Thu, 16 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257478