When there is a bona fide dispute with regard to debt as claimed ...
Court Rules Against Winding Up Company Amid Genuine Debt Dispute Likely to Succeed on Legal Grounds.
August 30, 2012
Case Laws Companies Law HC
When there is a bona fide dispute with regard to debt as claimed by the petitioner and when the dispute is likely to succeed in a point of law, it would be highly inappropriate to wind up the respondent-company. - HC
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