Saturday 12 April 2014

HC directs winding-up of co. as it failed to pay genuine claims and made fake claims to resist windi

CL: Where respondent disputed payments due to petitioner and alluded that goods supplied by petitioner had certain defects which required to be addressed, in view of fact that complaints adverted to by respondent were made much after when payments of invoices had become due and payable and further that respondent had elicited no response on notice received under section 434(1)(a), defence raised by respondent was spurious and created for purposes of resisting winding up petition


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