https://www.taxtmi.com/caselaws?id=360011 The court admitted the winding-up petition filed by the petitioner against the respondent Company due to an alleged unpaid balance for supplied Ready Mix Concrete. The court found discrepancies in the respondent's defense, noting the lack of evidence to support claims of sub-standard material and non-payment justifications. Despite the respondent's denial of signatures on balance confirmation letters and post-dated cheques, the court deemed the petitioner's evidence more convincing. Emphasizing the importance of evidence in such disputes, the court appointed the Official Liquidator as the Provisional Liquidator and granted a one-month grace period for payment before proceeding with the winding-up process. en-us Wed, 11 Apr 2018 00:00:00 +0530 Tue, 08 May 2018 08:04:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360011 The court admitted the winding-up petition filed by the petitioner against the respondent Company due to an alleged unpaid balance for supplied Ready Mix Concrete. The court found discrepancies in the respondent's defense, noting the lack of evidence to support claims of sub-standard material and non-payment justifications. Despite the respondent's denial of signatures on balance confirmation letters and post-dated cheques, the court deemed the petitioner's evidence more convincing. Emphasizing the importance of evidence in such disputes, the court appointed the Official Liquidator as the Provisional Liquidator and granted a one-month grace period for payment before proceeding with the winding-up process. Case-Laws Companies Law Wed, 11 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360011