https://www.taxtmi.com/caselaws?id=459377 A winding up petition cannot be used to enforce a genuinely disputed claim on bills of exchange. The SC accepted that the respondent had raised a contentious issue on liability requiring adjudication in a properly constituted suit, so the dispute was not fit for summary determination in winding up proceedings. The petition was therefore not maintainable on the disputed claim, and the petitioner was left to pursue a civil suit or other remedy available in law. en-us Sat, 21 Mar 2009 00:00:00 +0530 Wed, 11 Dec 2024 16:04:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459377 A winding up petition cannot be used to enforce a genuinely disputed claim on bills of exchange. The SC accepted that the respondent had raised a contentious issue on liability requiring adjudication in a properly constituted suit, so the dispute was not fit for summary determination in winding up proceedings. The petition was therefore not maintainable on the disputed claim, and the petitioner was left to pursue a civil suit or other remedy available in law. Case-Laws Companies Law Sat, 21 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459377