https://www.taxtmi.com/caselaws?id=354037 The court dismissed the winding-up petition filed by the petitioner against the respondent company due to a bona fide dispute over consultancy fees payment. The court highlighted the necessity of adjudication on limitation and emphasized that a winding-up petition cannot be used to enforce disputed debts. The respondent disputed the dues, citing non-performance and lack of payment obligation, leading to the dismissal of the petition without prejudice to the petitioner's rights to pursue other legal remedies. en-us Wed, 10 Jan 2018 00:00:00 +0530 Wed, 17 Jan 2018 12:01:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354037 The court dismissed the winding-up petition filed by the petitioner against the respondent company due to a bona fide dispute over consultancy fees payment. The court highlighted the necessity of adjudication on limitation and emphasized that a winding-up petition cannot be used to enforce disputed debts. The respondent disputed the dues, citing non-performance and lack of payment obligation, leading to the dismissal of the petition without prejudice to the petitioner's rights to pursue other legal remedies. Case-Laws Companies Law Wed, 10 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354037