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Guest (Guest)     27 April 2010

Grounds for winding up--Inability to pay debt

 

Grounds for winding up--Inability to pay debt--Debt bona fide disputed--Petition based on agreement of guarantee--Execution, validity and genuineness of agreements disputed--Dismissal of winding up petition proper--Companies Act, 1956, s. 433(e)-- SICAL-CWT Distriparks Ltd. v . Besser Concrete Systems Ltd.(Mad)



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