https://www.taxtmi.com/caselaws?id=458723 Delhi HC partially allowed appeal in company winding up proceedings under Sections 433-439 of Companies Act, 1956. Court held that while disputed salary claims cannot form basis for winding up under Section 433(e), admitted statutory dues including TDS and provident fund deductions constitute undisputed debts. Respondent company directed to deposit Rs. 2,62,800/- provident fund amount with applicable interest to PF authorities within four weeks and pay Rs. 50,000/- costs to appellant. Appeal disposed of with partial relief granted. en-us Mon, 18 Dec 2023 00:00:00 +0530 Wed, 13 Nov 2024 21:07:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458723 Delhi HC partially allowed appeal in company winding up proceedings under Sections 433-439 of Companies Act, 1956. Court held that while disputed salary claims cannot form basis for winding up under Section 433(e), admitted statutory dues including TDS and provident fund deductions constitute undisputed debts. Respondent company directed to deposit Rs. 2,62,800/- provident fund amount with applicable interest to PF authorities within four weeks and pay Rs. 50,000/- costs to appellant. Appeal disposed of with partial relief granted. Case-Laws Companies Law Mon, 18 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458723