https://www.taxtmi.com/caselaws?id=197940 The court upheld the decision to admit the winding-up petition, rejecting the appellant's argument that it was premature due to a pending civil suit for cancellation of conveyance. The court found the dishonored cheques were an admitted fact, leading to the dismissal of the appeal and denial of the stay application. The winding-up petition was deemed maintainable alongside the civil suit, with no costs awarded and the appeal dismissed. en-us Thu, 06 Sep 2012 00:00:00 +0530 Thu, 18 Jan 2018 14:30:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197940 The court upheld the decision to admit the winding-up petition, rejecting the appellant's argument that it was premature due to a pending civil suit for cancellation of conveyance. The court found the dishonored cheques were an admitted fact, leading to the dismissal of the appeal and denial of the stay application. The winding-up petition was deemed maintainable alongside the civil suit, with no costs awarded and the appeal dismissed. Case-Laws Companies Law Thu, 06 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197940