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2012 (6) TMI 372 - DELHI HIGH COURTWinding up petition - respondent-company is unable to pay its debt allegedly amounting to Rs. 9,10,000/- as well as interest @ 24% per annum - Held that:- Apart from the interpretation to the alleged loan confirmation letter dated 15th April, 2007 the veracity, genuineness and authenticity of the said letter has to be examined - the said issue can only be determined by a civil court after giving both the parties an opportunity to lead evidence - the defence set up by the respondent-company is certainly not false as the respondent-company has relied upon the balance sheet dated 31st March, 2007 - Winding up petition is dismissed with liberty to petitioner to file appropriate recovery proceedings
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