https://www.taxtmi.com/caselaws?id=459049 A winding up petition under Sections 433 and 434 of the Companies Act, 1956 was considered on the basis of alleged admitted liability and non-payment of outstanding dues. On the material before the Court, there was prima facie indication that the respondent company had admitted the dues and was unable to pay. The petition was therefore admitted for further hearing, while the respondent company was given an additional opportunity to deposit the claimed amount and publication of the admission advertisement was deferred. en-us Thu, 07 Apr 2016 00:00:00 +0530 Wed, 27 Nov 2024 18:34:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459049 A winding up petition under Sections 433 and 434 of the Companies Act, 1956 was considered on the basis of alleged admitted liability and non-payment of outstanding dues. On the material before the Court, there was prima facie indication that the respondent company had admitted the dues and was unable to pay. The petition was therefore admitted for further hearing, while the respondent company was given an additional opportunity to deposit the claimed amount and publication of the admission advertisement was deferred. Case-Laws Companies Law Thu, 07 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459049