Company Faces Winding Up Petition Over Unpaid Debts, Unable to Dispute Statutory Demand Effectively. https://www.taxtmi.com/highlights?id=35171 Winding up petition - company is unable to pay its debts - The respondent is not able to avoid statutory demand by raising any specific dispute and thus deserves to face consequence of winding up on the ground that the respondent is unable to pay its debts. - HC en-us Wed, 07 Jun 2017 11:34:36 +0530 Wed, 07 Jun 2017 11:34:36 +0530 TaxTMI RSS Generator Company Faces Winding Up Petition Over Unpaid Debts, Unable to Dispute Statutory Demand Effectively. https://www.taxtmi.com/highlights?id=35171 Winding up petition - company is unable to pay its debts - The respondent is not able to avoid statutory demand by raising any specific dispute and thus deserves to face consequence of winding up on the ground that the respondent is unable to pay its debts. - HC Highlights Companies Law Wed, 07 Jun 2017 11:34:36 +0530 https://www.taxtmi.com/highlights?id=35171