https://www.taxtmi.com/caselaws?id=291777 An appeal lay from the winding-up order because the directions accompanying the order gave it finality and made it a judgment within Clause 15 of the Letters Patent. Winding-up proceedings were required to be stayed where there was a bona fide dispute as to a substantial part of the alleged debt and the company was shown to be solvent; in that situation, ordinary civil suits were the proper forum rather than insolvency-based debt recovery. The appeal succeeded, the dismissal order was set aside, and the winding-up petition was stayed until disposal of the connected suits, with consequential restitution and costs. en-us Wed, 05 Feb 1919 00:00:00 +0530 Tue, 24 Nov 2020 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291777 An appeal lay from the winding-up order because the directions accompanying the order gave it finality and made it a judgment within Clause 15 of the Letters Patent. Winding-up proceedings were required to be stayed where there was a bona fide dispute as to a substantial part of the alleged debt and the company was shown to be solvent; in that situation, ordinary civil suits were the proper forum rather than insolvency-based debt recovery. The appeal succeeded, the dismissal order was set aside, and the winding-up petition was stayed until disposal of the connected suits, with consequential restitution and costs. Case-Laws Companies Law Wed, 05 Feb 1919 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291777