1996 (1) TMI 333

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dent. JUDGMENT V.K. Singhal, -J. T his petition has been filed for winding up of Deep Special Steels Ltd. under section 439 read with sections 438 and 434 of the Companies Act, 1956, on the ground that the said company has neglected to make the payment of a sum of Rs. 2,54,061.60 in respect of Bill No. GC 192, dated October 29,1992, and Bill No. GC 196, dated October 20, 1992. Besides this i....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... saving gram dated November 2, 1992 has not been received. I have considered over the matter. In the present case it cannot be considered that there was any amount due which was admitted to be due and payable. Whatever the supplies were made against the order prima facie a dispute is there as to whether the goods are according to specification or not. The correspondence which has been placed....