https://www.taxtmi.com/caselaws?id=459508 The HC dismissed the petitioner's winding-up petition against the respondent company, which had cleared the principal debt during proceedings. The court held that it was not just or equitable to wind up the company solely for unpaid interest. The petitioner was granted liberty to pursue interest recovery through civil remedies, and no costs were awarded. en-us Tue, 19 Mar 2013 00:00:00 +0530 Tue, 17 Dec 2024 16:02:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459508 The HC dismissed the petitioner's winding-up petition against the respondent company, which had cleared the principal debt during proceedings. The court held that it was not just or equitable to wind up the company solely for unpaid interest. The petitioner was granted liberty to pursue interest recovery through civil remedies, and no costs were awarded. Case-Laws Companies Law Tue, 19 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459508