https://www.taxtmi.com/caselaws?id=196655 The court admitted the petition filed by M/s Karpara Project Engineering against Ballarpur Industries Ltd. for non-payment of dues under a decree. Despite the respondent's claim of a bona fide dispute, the court found their defense lacking substance. The court rejected the argument regarding the limitation period for filing a winding-up petition, emphasizing the executability of the money decree within 12 years. The court exercised its discretion, allowing the petition and issuing a public notice for further proceedings, with a temporary stay granted to the respondent for four weeks. en-us Wed, 28 Feb 2007 00:00:00 +0530 Mon, 11 Dec 2017 15:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196655 The court admitted the petition filed by M/s Karpara Project Engineering against Ballarpur Industries Ltd. for non-payment of dues under a decree. Despite the respondent's claim of a bona fide dispute, the court found their defense lacking substance. The court rejected the argument regarding the limitation period for filing a winding-up petition, emphasizing the executability of the money decree within 12 years. The court exercised its discretion, allowing the petition and issuing a public notice for further proceedings, with a temporary stay granted to the respondent for four weeks. Case-Laws Companies Law Wed, 28 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196655