1996 (1) TMI 333 - HC - Companies Law

Summary

The petition for winding up of Deep Special Steels Ltd. was dismissed by the High Court of Rajasthan as the claim of the petitioner was considered disputed, with no admitted liability by the respondent company. The court found that there was a prima facie dispute regarding whether the supplied goods met the required specifications. The petition was dismissed as the claim was not considered appropriate for winding up.