Winding Up petition admissible if respondent accepts the liability though denies interest claim on liability

HIGH COURT OF MADRAS Packmaster Containers (P.) Ltd. Versus Rayalaseema Commodities Ltd. S. Tamilvanan, J. C.P. NO.303 of 2010 C.A. NO.1782 of 2010 APRIL  26, 2012 JUDGMENT 1. The company petition has been filed under sections 433(e) and 434(1)(a) of the Companies Act, 1956, seeking winding up of the respondent-company under the provisions of the Companies Act. 2. The petitioner, M/s. Packmaster Containers P. Ltd., is a company registered under the Companies Act, 1956, having its registered office at Plot No. 7K-P2, KIADB Industrial Area, Bashettihalli, Doddaballapur, Bangal...