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2009 (9) TMI 578 - HC - Companies LawWinding up petition - Held that:- The respondent statedly is the largest cement company in the world with a capacity of 3 million tonnes per annum. In addition, it is earning foreign exchange of about ₹ 200 crores. The respondent pays about ₹ 100 crores to the exchequer towards duties and taxes. It employed thousands of persons, directly and indirectly. It has full-fledged infrastructure like a power plant, jetty, desalination plant and road network. Therefore, it would certainly be unjust to order winding up of the company on an allegation that the respondent is unable to pay amount of about ₹ 2 crores, as decreed by the Civil Court, which is an appeal and which is bona fide disputed. Thus this court is not inclined to admit and order publication of petition
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