Tag Archives: Section 433

winding up petition against company if fails to pay outstanding dues

By | August 8, 2015

Question : Whether winding up petition against  the company can admitted in case company fails to pay outstanding dues ?  Whether since in e-mails respondent-company had acknowledged to pay outstanding dues to petitioner-company but had failed to pay same, respondent was unable to discharge admitted liability and, thus, winding up petition against it was to be… Read More »