If company did not dispute claim of creditor-bank, winding up petition against company is to be admitted

HIGH COURT OF CALCUTTA Vikash Metal and Power Ltd. versus Corporation Bank A.P.O. NOS. 373 & 374 OF 2012 C.P. NOS. 164 & 165 OF 2012 OCTOBER 16, 2012 JUDGMENT Ashim Kumar Banerjee, J.  The appeals would relate to claim in a winding up proceeding made by Corporation Bank for Rs.10.8 crores for Sahyogi Distributorship Ltd. and Rs.8 crores against Vikas Metal and Power Ltd. amounting to Rs.18.8 crores. The learned Single Judge admitted the winding up petitions and directed advertisement to be published. 2. Being aggrieved, both the companies being Vikas and Sahyogi file...