https://www.taxtmi.com/caselaws?id=359138 The Court dismissed the petition for winding up the respondent-company due to the petitioner's failure to substantiate the debt claim and adequately address the limitation issue. The Court emphasized the importance of providing evidence of transactions and acceptance by the company to establish a prima facie case of debt. Additionally, discrepancies in the payment history and invoices raised doubts about the validity of certain claims, potentially barred by limitation. No costs were awarded in the judgment. en-us Mon, 12 Feb 2018 00:00:00 +0530 Wed, 25 Apr 2018 06:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359138 The Court dismissed the petition for winding up the respondent-company due to the petitioner's failure to substantiate the debt claim and adequately address the limitation issue. The Court emphasized the importance of providing evidence of transactions and acceptance by the company to establish a prima facie case of debt. Additionally, discrepancies in the payment history and invoices raised doubts about the validity of certain claims, potentially barred by limitation. No costs were awarded in the judgment. Case-Laws Companies Law Mon, 12 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359138