TMI BlogWinding up petition - company is unable to pay its debts - The respondent is not able to avoid statutory...Winding up petition - company is unable to pay its debts - The respondent is not able to avoid statutory demand by raising any specific dispute and thus deserves to face consequence of winding up on the ground that the respondent is unable to pay its debts. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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