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High Court of Judicature at Bombay Reviews Appeal Against Winding Up Order Under Section 433(e) of Companies Act, 1956. The Court Examines Whether Acquittal Under Section 138 of Negotiable Instruments Act, 1881 and Alleged Discrepancies Negatived Admitted Debt and Inability to Pay Debts.

This appeal arose from a winding-up order passed by a learned Single Judge of the Bombay High Court on 11 October 2007 in Company Petition No. 921 of ...