The appellant submitted that there was a serious dispute as to any amount being payable to SR Technics, since they did not have a valid license from the Director General of Civil Aviation (DGCA) and therefore, could not have legally maintained aircraft. Consequently, the appellant claimed that no amount could be said to be payable.
Further, it was their contention that the documents relied on by the respondent were not stamped and therefore, Indian courts would not take cognizance of the same.
In light of these submissions, the appellant prayed that the order of the company court ordering admission of the winding up petition and appointing provisional liquidator be set aside.
Source: Barandbench
