https://www.taxtmi.com/caselaws?id=275451 The court directed the company to deposit the due amount with the court, staying the winding up petition. If the deposit is made, the petitioner can file a suit; otherwise, the winding up petition will proceed. The court aimed to address doubts about the company's bona fides and provide a fair opportunity for resolution without immediate winding up, considering the disputed facts and the company's defense. en-us Fri, 07 Nov 2014 00:00:00 +0530 Thu, 04 Oct 2018 10:11:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275451 The court directed the company to deposit the due amount with the court, staying the winding up petition. If the deposit is made, the petitioner can file a suit; otherwise, the winding up petition will proceed. The court aimed to address doubts about the company's bona fides and provide a fair opportunity for resolution without immediate winding up, considering the disputed facts and the company's defense. Case-Laws Companies Law Fri, 07 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275451