High Court of Deijii At New Delhi

1 judgment

M/S IIA1J.J/X APPLIl.iD POWER PVli LTD v. M/S CjULAH AG1VNC1P./S (P) LfD

12 Oct 2012 · The Chief Justice; Rajiv Sahai Endlaw · 2012:DHC:7770

The High Court dismissed the appeal against admission of a winding up petition where the appellant company admitted debt but failed to pay, holding that disputed claims and solvency do not bar winding up.

corporate appeal_dismissed winding up petition company insolvency debt recovery dishonored cheque