2000 (6) TMI 764

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..... Mehta and S.P. Sharma for the Respondent JUDGMENT 1. The present winding up petition is filed against Jaipur Mineral Water (P.) Ltd. ('the respondent') on the allegations that by agreement to sell dated 6-1-1995, entered into between Kejriwal & Sons (P.) Ltd. ('the petitioner') and the respondent, a plot bearing No. F-734 on Road No. 9, F-2 Vishwakarma Industrial Area, Jaipur belonging to ....

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.... per month, and the cheque issued by the respondent of Rs. 3,30,260 was towards the directors' fees, petrol expenses for car, telephone connection, power connection, etc. 3. In spite of statutory notice and the approach made to the respondent, no amount was paid. Thus the respondent is unable to pay its debts. After notice, the respondent entered appearance and filed a return admitting the fact....

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....wal was one of the directors from December 1994, to February 1996, but it is disputed that any agreement was entered into between the parties for payment of fees to directors, petrol expenses, telephone connection, power connection, etc. Unless and until it is positively established that there was an agreement that the director shall be paid fees, petrol expenses, telephone connection, power conne....