High Court of Karnataka Dismisses Appeal by Kingfisher Airlines Against Winding Up Petition Filed by Aerotron Limited — Debt Acknowledged in Agreement Not Disputed Bona Fide. The court held that the appellant's acknowledgment of liability in the agreement dated 24.02.2012 and failure to pay installments as per schedule meant the debt was not bona fide disputed, making the winding up petition maintainable under Section 433(e) and (f) of the Companies Act, 1956.
15 Jul 2015The respondent, Aerotron Limited, a company incorporated in the United Kingdom, filed a company petition under Section 433(e) and (f) read with Sectio...
