https://www.taxtmi.com/caselaws?id=352708 The Court found that the respondent had deposited the admitted amount with the Court but disputed the remaining sum based on the Chartered Accountant's report. Due to the genuine dispute over the outstanding amount, the Court decided not to proceed with the winding-up petition. The petitioner was allowed to withdraw the deposited amount with interest and pursue alternative legal remedies for the disputed sum. Rights and contentions of both parties regarding the disputed amount were left open, and any interim relief was vacated. en-us Fri, 15 Dec 2017 00:00:00 +0530 Wed, 20 Dec 2017 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352708 The Court found that the respondent had deposited the admitted amount with the Court but disputed the remaining sum based on the Chartered Accountant's report. Due to the genuine dispute over the outstanding amount, the Court decided not to proceed with the winding-up petition. The petitioner was allowed to withdraw the deposited amount with interest and pursue alternative legal remedies for the disputed sum. Rights and contentions of both parties regarding the disputed amount were left open, and any interim relief was vacated. Case-Laws Companies Law Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352708