https://www.taxtmi.com/caselaws?id=170932 The Company Petition was made absolute, ordering the winding up of the respondent company under the Companies Act, 1956, due to the respondent's failure to repay the confirmed balance owed for goods sold and delivered. The absence of an affidavit in reply and the respondent's non-appearance further supported this decision. The petitioner was granted costs of &8377; 10,000/- to be recovered in the winding up proceedings. en-us Wed, 21 Jul 2010 00:00:00 +0530 Thu, 02 Jul 2015 12:45:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170932 The Company Petition was made absolute, ordering the winding up of the respondent company under the Companies Act, 1956, due to the respondent's failure to repay the confirmed balance owed for goods sold and delivered. The absence of an affidavit in reply and the respondent's non-appearance further supported this decision. The petitioner was granted costs of &8377; 10,000/- to be recovered in the winding up proceedings. Case-Laws Companies Law Wed, 21 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170932