High Court of Bombay Allows Winding Up Petition for Non-Payment of Goods Supplied Under Companies Act, 1956 — Debt Acknowledged and Not Disputed in Good Faith. The court held that the respondent company's defence did not constitute a bona fide dispute and the debt was due and payable under Section 433(e) of the Companies Act, 1956.
1 Apr 2005The petitioner, Castrol Limited, filed two company petitions under Section 433(e) of the Companies Act, 1956, seeking winding up of the respondent com...




