https://www.taxtmi.com/caselaws?id=275230 A foreign decree may crystallise a company's liability and, in principle, support a winding up petition as a debt without first being executed under Section 44-A CPC. However, the Company Court is not bound to accept such a decree as conclusive and may examine whether it satisfies the requirements of Section 13 CPC, including jurisdiction, decision on the merits, natural justice, and absence of fraud. Where the decree is ex parte and substantial objections are raised, the debt is treated as bona fide disputed and winding up relief fails, leaving the decree holder to pursue execution. en-us Mon, 28 Feb 2005 00:00:00 +0530 Mon, 24 Sep 2018 15:53:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275230 A foreign decree may crystallise a company's liability and, in principle, support a winding up petition as a debt without first being executed under Section 44-A CPC. However, the Company Court is not bound to accept such a decree as conclusive and may examine whether it satisfies the requirements of Section 13 CPC, including jurisdiction, decision on the merits, natural justice, and absence of fraud. Where the decree is ex parte and substantial objections are raised, the debt is treated as bona fide disputed and winding up relief fails, leaving the decree holder to pursue execution. Case-Laws Companies Law Mon, 28 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275230