https://www.taxtmi.com/caselaws?id=289152 A winding-up petition cannot be used as a pressure tactic where the alleged debt is genuinely disputed and the debtor's inability to pay is not established. The court found that the company's dispute had substance, was not a mere cloak for non-payment, and that insolvency proceedings were being used to compel payment of a claim meant to be contested in civil proceedings. Because winding up depends on proof of true inability to satisfy just debts, the petition was held not maintainable on these facts and the refusal to entertain it was upheld. en-us Wed, 12 Aug 1914 00:00:00 +0530 Fri, 17 Jul 2020 10:29:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289152 A winding-up petition cannot be used as a pressure tactic where the alleged debt is genuinely disputed and the debtor's inability to pay is not established. The court found that the company's dispute had substance, was not a mere cloak for non-payment, and that insolvency proceedings were being used to compel payment of a claim meant to be contested in civil proceedings. Because winding up depends on proof of true inability to satisfy just debts, the petition was held not maintainable on these facts and the refusal to entertain it was upheld. Case-Laws Indian Laws Wed, 12 Aug 1914 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289152