2005 (1) TMI 422

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....Heard learned counsel for the petitioner and gone through the entire record of the petition. 2. The petitioner by this petition under sections 433, 434 and 439 of the Companies Act, 1956 (for short, 'the Act, 1956') is praying for winding up of the M/s. Rainbow Breweries Limited, a Company registered under the Act, 1956 and having its registered office and works at RIICO Industrial Area, Shiwar....

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.... claimed by the petitioner is of Rs. 5,71,622 as on 31st of December, 2004. 4. The petitioner sent the notice to the respondent-company under sections 433(e) and 434 of the Act, 1956. It was received by the respondent-company. The respondent-company replied to this notice and the reference may have to Annexure-14 at page No. 40 of the petition. The respondent-company has disputed the claim of t....

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....l-fledged trial. It is really shocking and surprising still the learned counsel for the petitioner is insisting that whatever the petitioner stated is taken to be gospel truth and whatever stated by the respondent is a false stand. It is matter where appropriate remedy for the petitioner is to file the civil suit. It appears to be an attempt on the part of the petitioner to get its alleged debt re....