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    <title>2018 (7) TMI 2379 - BOMBAY HIGH COURT</title>
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    <description>HC dismissed the appeals and upheld the single judge&#039;s refusal to wind up the respondent company under the Companies Act, finding contested questions of fact and a plausible defence. Documentary emails showed negotiation and a third-party arrangement concerning payment of the invoices, so the defence was not &quot;moonshine&quot; or bogus. The court concluded it was inappropriate to exercise winding-up jurisdiction on the record before it and found no merit in the company petitions.</description>
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      <link>https://www.taxtmi.com/caselaws?id=464783</link>
      <description>HC dismissed the appeals and upheld the single judge&#039;s refusal to wind up the respondent company under the Companies Act, finding contested questions of fact and a plausible defence. Documentary emails showed negotiation and a third-party arrangement concerning payment of the invoices, so the defence was not &quot;moonshine&quot; or bogus. The court concluded it was inappropriate to exercise winding-up jurisdiction on the record before it and found no merit in the company petitions.</description>
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      <pubDate>Mon, 30 Jul 2018 00:00:00 +0530</pubDate>
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