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    <title>2022 (4) TMI 1042 - MADRAS HIGH COURT</title>
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    <description>The court upheld the admission of the winding-up petition under Sections 433(e) and (f) of the Companies Act, 1956, as the debt was found not to be bonafidely disputed. The appointment of the Official Liquidator as Provisional Liquidator was justified due to the respondent&#039;s failure to pay admitted dues. The court dismissed the appeals, affirming the Company Court&#039;s orders and extending the stay until 28.01.2022 for a potential challenge.</description>
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    <pubDate>Tue, 11 Jan 2022 00:00:00 +0530</pubDate>
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      <description>The court upheld the admission of the winding-up petition under Sections 433(e) and (f) of the Companies Act, 1956, as the debt was found not to be bonafidely disputed. The appointment of the Official Liquidator as Provisional Liquidator was justified due to the respondent&#039;s failure to pay admitted dues. The court dismissed the appeals, affirming the Company Court&#039;s orders and extending the stay until 28.01.2022 for a potential challenge.</description>
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      <pubDate>Tue, 11 Jan 2022 00:00:00 +0530</pubDate>
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