TMI BlogWinding-up Petition Filed: Respondent Allegedly Delays Debt Payment for 25 Years While Continuing Business Operations. Companies Law Implications.Winding-up petition - unable to pay the dues - The Respondent has abused the judicial process in order to delay the discharge of an acknowledged debt for almost a quarter of a century, in which period it has continued in business. - SC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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