https://www.taxtmi.com/highlights?id=47646 Winding up of petition - dishonor of cheque - inability of pay debts - summary suit and winding up petition share a broadly similar approach. In both, the Respondent or Defendant must be shown to have no tenable or plausible defence. Unless that defence is moonshine, an order could not be passed. en-us Tue, 02 Jul 2019 07:26:07 +0530 Tue, 02 Jul 2019 07:26:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47646 Winding up of petition - dishonor of cheque - inability of pay debts - summary suit and winding up petition share a broadly similar approach. In both, the Respondent or Defendant must be shown to have no tenable or plausible defence. Unless that defence is moonshine, an order could not be passed. Highlights Indian Laws Tue, 02 Jul 2019 07:26:07 +0530 https://www.taxtmi.com/highlights?id=47646