Bombay High Court Allows Appeal in Winding Up Petition Under Section 433(e) of Companies Act, 1956 — Bona Fide Defence of No Privity of Contract Rejected Based on Admission of Debt. The court held that an admission of debt by the Respondent, coupled with failure to reply to the Appellant's letter, negated the defence of no privity of contract.
2 Aug 2012The appeal arose from an order of the Learned Company Judge dated 11 February 2011 dismissing a Petition for winding up under Section 433(e) of the Co...




