Dismissed
M/S. Shradha Engineering Pvt. Ltd. v. Valecha Engineering Ltd. Cin No. L74210MH1977PLC019535
Bombay HCCP/90/2015
Case brief
AI extract
What is this about?
The High Court disposed of a winding-up petition filed by the Petitioner against the Respondent for inability to pay debts. The Respondent admitted a claim of Rs.1,31,285/- and undertook payment within one week.
What did the court decide?
Respondent to pay Rs.1,31,285/- within one week; liberty granted to Petitioner for application in case of default.