https://www.taxtmi.com/caselaws?id=464802 HC dismissed a petition for winding up under ss. 433(e), 434 and 439 of the Companies Act, 1956, holding that disputed factual questions and plausible defences preclude winding up. The court found the defences were not sham or bogus and could not be disregarded; involvement of an individual in the transactions between petitioner and company further supported the respondent's position. Because the court could not conclude the defences were improbable, the company was not wound up and the petition was dismissed. en-us Thu, 21 Dec 2017 00:00:00 +0530 Sat, 15 Nov 2025 15:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464802 HC dismissed a petition for winding up under ss. 433(e), 434 and 439 of the Companies Act, 1956, holding that disputed factual questions and plausible defences preclude winding up. The court found the defences were not sham or bogus and could not be disregarded; involvement of an individual in the transactions between petitioner and company further supported the respondent's position. Because the court could not conclude the defences were improbable, the company was not wound up and the petition was dismissed. Case-Laws Companies Law Thu, 21 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464802