https://www.taxtmi.com/caselaws?id=272911 The appeal was allowed, and the winding-up petition was dismissed as an abuse of the court's process. The court found discrepancies in the terms of the loan agreement, a bona fide dispute regarding the loan amount, and determined that the company's liability was not established. The petitioning-creditor was ordered to pay the costs of the appellant-company, and the security furnished by the appeal court was discharged. en-us Wed, 26 Nov 1980 00:00:00 +0530 Thu, 24 May 2018 14:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272911 The appeal was allowed, and the winding-up petition was dismissed as an abuse of the court's process. The court found discrepancies in the terms of the loan agreement, a bona fide dispute regarding the loan amount, and determined that the company's liability was not established. The petitioning-creditor was ordered to pay the costs of the appellant-company, and the security furnished by the appeal court was discharged. Case-Laws Indian Laws Wed, 26 Nov 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272911