https://www.taxtmi.com/caselaws?id=257751 A winding-up petition is not maintainable where the alleged debt is genuinely disputed and the respondent discloses a plausible bona fide defence requiring evidence. The dispute here concerned an employment-related claim supported by a Form 26-AS entry, but the respondent denied liability, alleged manipulation and overbilling, and raised counterclaims in a pending civil suit. As the controversy turned on contested facts and the debt was not clearly admitted, the company court declined to use winding-up jurisdiction as a recovery mechanism and dismissed the petition, leaving the claimant to establish the claim in civil proceedings. en-us Thu, 01 May 2014 00:00:00 +0530 Mon, 23 Mar 2015 08:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257751 A winding-up petition is not maintainable where the alleged debt is genuinely disputed and the respondent discloses a plausible bona fide defence requiring evidence. The dispute here concerned an employment-related claim supported by a Form 26-AS entry, but the respondent denied liability, alleged manipulation and overbilling, and raised counterclaims in a pending civil suit. As the controversy turned on contested facts and the debt was not clearly admitted, the company court declined to use winding-up jurisdiction as a recovery mechanism and dismissed the petition, leaving the claimant to establish the claim in civil proceedings. Case-Laws Companies Law Thu, 01 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257751