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    <title>2014 (6) TMI 1085 - KARNATAKA HIGH COURT</title>
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    <description>A company was held liable to be wound up where the creditor&#039;s debt was proved by affidavit evidence and documentary material, and the company&#039;s witness was not cross-examined despite opportunity. The notice of admission and advertisement of the winding-up petition elicited no opposition, while the alleged objections based on defective supply and variation from the purchase order were raised only belatedly and were not supported by earlier protest or credible material. On that record, the court found the debt remained unpaid, the defence was not bona fide, and the winding-up petition was allowed.</description>
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    <pubDate>Thu, 12 Jun 2014 00:00:00 +0530</pubDate>
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      <description>A company was held liable to be wound up where the creditor&#039;s debt was proved by affidavit evidence and documentary material, and the company&#039;s witness was not cross-examined despite opportunity. The notice of admission and advertisement of the winding-up petition elicited no opposition, while the alleged objections based on defective supply and variation from the purchase order were raised only belatedly and were not supported by earlier protest or credible material. On that record, the court found the debt remained unpaid, the defence was not bona fide, and the winding-up petition was allowed.</description>
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