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2017 (12) TMI 976 - HC - Companies LawWinding up petition - proof of eligible debt - Held that:- Other than a mere bald denial, there is no attempt to explain as to how and when the petitioner completed the work. On completion of the work in all contracts normally a completion certificate or other document is issued by the architect or the engineer in charge indicating that the work has been completed. No such document or any other like document is available on record to support the contention of the petitioner that the work was completed to the satisfaction of the concerned architect/official of the respondent. In the absence of any such document on record, keeping in view the nature of the present proceedings, it is appropriate that the petitioner be left to take steps under the civil proceedings, as per law. It cannot be said that there exists any debt which the respondent is unable to pay. There is no merit in the preset petition and same is dismissed.
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