If company was not candid in its approach for repayment, winding up petition was rightly admitted

HIGH COURT OF CALCUTTA Chowringhee Prakashan (P.) Ltd. Versus Begwani Trade & Industries (P.) Ltd. A.P.O. NOS. 74, 75 & 76 OF 2012 C.P. NOS. 78, 105 & 135 OF 2010 DECEMBER 20, 2012 JUDGMENT Ashim Kumar Banerjee, J. The above three appeals would relate to a claim made by the three respondents being in the common management, as against the company above named. The company was engaged in publishing news daily by the name of “Statesman” which had his age old repute and glory that was decaying resulting in acute financial stringency. Newsprint suppliers wer...