https://www.taxtmi.com/caselaws?id=330593 The court admitted the Company Petition, ruling in favor of the Petitioner, HDFC Bank Ltd., finding that the Respondent Company, Rohan Dyes and Intermediates Ltd., had no bona fide defense and was unable to pay its debts amounting to approximately Rs. 8.74 Crores. The court rejected the Respondent's arguments regarding the validity of the Deal Confirmation, the nature of the claim, and the variance in documents. The Petition was made returnable on 3rd October 2016, with instructions for advertisement and deposit of publication charges by the Petitioner. en-us Tue, 19 Jul 2016 00:00:00 +0530 Sat, 30 Jul 2016 18:41:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330593 The court admitted the Company Petition, ruling in favor of the Petitioner, HDFC Bank Ltd., finding that the Respondent Company, Rohan Dyes and Intermediates Ltd., had no bona fide defense and was unable to pay its debts amounting to approximately Rs. 8.74 Crores. The court rejected the Respondent's arguments regarding the validity of the Deal Confirmation, the nature of the claim, and the variance in documents. The Petition was made returnable on 3rd October 2016, with instructions for advertisement and deposit of publication charges by the Petitioner. Case-Laws Companies Law Tue, 19 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330593