https://www.taxtmi.com/caselaws?id=346194 A belated objection to alleged short supply, unsupported by any contemporaneous protest or correspondence and raised only through debit notes issued long after delivery, was held not to constitute a bona fide dispute. The purchaser had admitted the supply orders, invoices and substantial part-payments, and the limited warranty clause did not excuse the failure to inspect and object within a reasonable time under Sections 41, 42 and 63 of the Sale of Goods Act. The defence was treated as a mere ruse rather than a substantial dispute, so the debt was treated as prima facie established and the winding up petition was admitted. en-us Fri, 04 Aug 2017 00:00:00 +0530 Mon, 07 Aug 2017 11:20:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346194 A belated objection to alleged short supply, unsupported by any contemporaneous protest or correspondence and raised only through debit notes issued long after delivery, was held not to constitute a bona fide dispute. The purchaser had admitted the supply orders, invoices and substantial part-payments, and the limited warranty clause did not excuse the failure to inspect and object within a reasonable time under Sections 41, 42 and 63 of the Sale of Goods Act. The defence was treated as a mere ruse rather than a substantial dispute, so the debt was treated as prima facie established and the winding up petition was admitted. Case-Laws Companies Law Fri, 04 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346194