{\rtf1\ansi\ansicpg1252\uc1\deff0\stshfdbch0\stshfloch0\stshfhich0\stshfbi0\deflang1033\deflangfe1033{\fonttbl{\f0\froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman;}{\f170\froman\fcharset238\fprq2 Times New Roman CE;}
{\f171\froman\fcharset204\fprq2 Times New Roman Cyr;}{\f173\froman\fcharset161\fprq2 Times New Roman Greek;}{\f174\froman\fcharset162\fprq2 Times New Roman Tur;}{\f175\froman\fcharset177\fprq2 Times New Roman (Hebrew);}
{\f176\froman\fcharset178\fprq2 Times New Roman (Arabic);}{\f177\froman\fcharset186\fprq2 Times New Roman Baltic;}{\f178\froman\fcharset163\fprq2 Times New Roman (Vietnamese);}}{\colortbl;\red0\green0\blue0;\red0\green0\blue255;\red0\green255\blue255;
\red0\green255\blue0;\red255\green0\blue255;\red255\green0\blue0;\red255\green255\blue0;\red255\green255\blue255;\red0\green0\blue128;\red0\green128\blue128;\red0\green128\blue0;\red128\green0\blue128;\red128\green0\blue0;\red128\green128\blue0;
\red128\green128\blue128;\red192\green192\blue192;}{\stylesheet{\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext0 Normal;}{
\s1\ql \li0\ri0\keepn\widctlpar\aspalpha\aspnum\faauto\outlinelevel0\adjustright\rin0\lin0\itap0 \b\fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext0 heading 1;}{
\s2\ql \li0\ri0\keepn\widctlpar\aspalpha\aspnum\faauto\outlinelevel1\adjustright\rin0\lin0\itap0 \b\fs20\ul\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext0 heading 2;}{\s3\ql \li0\ri0\sl360\slmult1
\keepn\widctlpar\aspalpha\aspnum\faauto\outlinelevel2\adjustright\rin0\lin0\itap0 \b\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext0 heading 3;}{\s4\ql \li0\ri0\sl360\slmult1
\keepn\widctlpar\aspalpha\aspnum\faauto\outlinelevel3\adjustright\rin0\lin0\itap0 \b\fs24\ul\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext0 heading 4;}{\*\cs10 \additive \ssemihidden Default Paragraph Font;}{\*
\ts11\tsrowd\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\trcbpat1\trcfpat1\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1024\langfe1024\cgrid\langnp1024\langfenp1024 \snext11 \ssemihidden Normal Table;}{\s15\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 
\b\i\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext15 Body Text;}{\s16\ql \li0\ri0\widctlpar\tqc\tx4320\tqr\tx8640\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 
\sbasedon0 \snext16 header;}{\*\cs17 \additive \sbasedon10 page number;}{\s18\qj \li0\ri0\sb240\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext18 
Body Text 2;}{\s19\qj \fi720\li0\ri0\sb240\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext19 Body Text 2;}}{\*\rsidtbl \rsid5601138\rsid13203946}
{\*\generator Microsoft Word 10.0.6764;}{\info{\title IN THE HIGH COURT OF FIJI}{\author Gurmeet}{\operator blake_r}{\creatim\yr2006\mo2\dy14\hr15\min36}{\revtim\yr2006\mo2\dy14\hr15\min36}{\printim\yr2003\mo1\dy8\hr9\min15}{\version2}{\edmins1}
{\nofpages3}{\nofwords786}{\nofchars4482}{\*\company Judicial Department}{\nofcharsws5258}{\vern16391}}\margl2160\margr2160 \widowctrl\ftnbj\aenddoc\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\formshade\horzdoc\dghspace180\dgvspace180
\dghorigin1701\dgvorigin1984\dghshow0\dgvshow0\jexpand\viewkind4\viewscale100\pgbrdrhead\pgbrdrfoot\nolnhtadjtbl\rsidroot5601138 \fet0\sectd \linex0\endnhere\titlepg\sectdefaultcl\sftnbj {\header \pard\plain \s16\ql \li0\ri0\widctlpar
\tqc\tx4320\tqr\tx8640\pvpara\phmrg\posxc\posy0\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\field{\*\fldinst {\cs17\insrsid13203946 PAGE  }}{\fldrslt {
\cs17\lang1024\langfe1024\noproof\insrsid13203946 3}}}{\cs17\insrsid13203946 
\par }\pard \s16\ql \li0\ri0\widctlpar\tqc\tx4320\tqr\tx8640\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 {\insrsid13203946 
\par }}{\*\pnseclvl1\pnucrm\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl2\pnucltr\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl3\pndec\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl4\pnlcltr\pnstart1\pnindent720\pnhang {\pntxta )}}
{\*\pnseclvl5\pndec\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl6\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl7\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl8
\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}\pard\plain \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 
\fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 IN THE HIGH COURT OF FIJI
\par AT LABASA}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 CIVIL JURISDICTION
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 WINDING UP ACTION NO. }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 HBE000}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 3 OF 2002}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Between:
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 FIJI BANDAG
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Petitioner
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 and}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 VUNIMOLI SAWMILLS LIMITED
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Respondent}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Ms. R. Lal for Petitioning Creditor
\par Mr. A. Kohli for the Debtor Company}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 JUDGMENT
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par This is an opposed winding-up Petition.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 By Petition dated 28 June 2002 }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Fiji Bandag}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  (the \'93}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Petitioner\'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
) has petitioned the Court to wind up }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Vunimoli Sawmills Limited}{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  (the \'93}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Company\'94}{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 ) for the debt in the sum of $11,890.91 being balance monies outstanding and o
wing by the Company in respect of goods sold and services rendered}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 at its request.
\par }\pard\plain \s18\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 The Petitioner filed Memorandum of}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
Due Compliance on 1 August 2002 and the hearing of the Petition was set down for 26 August at High Court at Labasa.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 On 26 August Mr. Kohl
i opposed the Petition by filing an affidavit.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 The Petitioner was ordered}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{
\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 to file Affidavit in Reply within 21 days but it was filed late on 26 September.}{\lang2057\langfe1033\langnp2057\insrsid13514827 
\par }{\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 By}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 consent argument was presented by way of written submissions.}{
\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 The Petitioner filed its submissions on 30 September but the Company\rquote s}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{
\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Solicitors failed to file theirs despite a reminder on 23 October.}{\lang2057\langfe1033\langnp2057\insrsid13514827 
\par }{\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Company\rquote 
s contention
\par }\pard\plain \s18\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 In the absence of any written legal submissions from counsel for the Company, the gist of the Company\rquote s reason for opposing the Pe
tition is as set out in its affidavit in opposition in that it does not owe the Petitioner the sum claimed on any sum at all.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
It further states in its affidavit that while it had dealings with the Petitioner, the latter has failed to furnish further and be
tter particulars of the claim and that it was merely supplied with statements giving a summary of invoices without copies of invoices.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
It further states that certain defective goods were supplied and these were returned but no credit had been given to the Company.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
Therefore, the Company says that the \lquote whole amount is in dispute\rquote .}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
It says that it is able to pay debts if due and hence no winding-up order should be made.}{\lang2057\langfe1033\langnp2057\insrsid13514827 
\par }{\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Petitioner\rquote 
s reply to Company\rquote s contention
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 In the affidavit of }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Vinesh Kumar Maharaj,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  the Financial Controller of}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
the Petitioner, sworn 25 September 2002, is contained the response to the Company\rquote s contention.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Mr. Maharaj says that the Company still owes the debt and sets out in his affidavit how the debt came to be about.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 He says that full particulars have been supplied and he has also attached them to h}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 is said affidavit as annexures.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Consideration of the issue
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 The issue for the Court\rquote s determination is whether the Company has a bona fide dispute to prevent the Petitioner from obtaining a winding-up order.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138\charrsid5601138 
\par }\pard\plain \s19\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
I have carefully considered the affidavits filed herein.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 The Petitioner has responded to the Company\rquote 
s affidavit and has given details of how the amount owing is made up.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 The Company has failed to respond to the said Reply either by filin
g an affidavit or by its counsel filing a written submission although it was ordered to do so.
\par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par In }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Palmer\rquote s Company Law}{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
 Vol 3 15.214 is set out the principles involved in considering disputes as to debt and I have borne these in mind in considering the matter before me.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 There it is stated:
\par 
\par }\pard\plain \s15\ql \li720\ri720\widctlpar\aspalpha\aspnum\faauto\adjustright\rin720\lin720\itap0\pararsid5601138 \b\i\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 \'93
To fall within the general principle the dispute must be bona fide in both a subjective and an objective sense.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
Thus the reason for not paying the debt must be honestly believed to exist and must be based on substantial or reasonable grounds.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 \'93
Substantial\'94 means having substance and not frivolous, which disputes the court should ignore.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
There must be so much doubt and question about the liability to pay the debt that the court sees that there is a question to be decided.}{\lang2057\langfe1033\langnp2057\insrsid5601138  }{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
The onus is on the company \'93to bring forward a prima facie case which satisfies the court that there is something which ought to be tried either before the court itself or in an action, or by some other proceedings.\'94
\par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par The Court has a }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 discretion}{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  when seized of a winding-up petition.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 In }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Bateman Television (In Liquidation)}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 and Another v Coleridge Finance Company Limited}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  [1971] NZLR 929 the Judicial Committee stated:
\par 
\par }\pard\plain \s15\ql \li720\ri720\widctlpar\aspalpha\aspnum\faauto\adjustright\rin720\lin720\itap0\pararsid5601138 \b\i\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
The general rule is that an order for winding up will not be made on disputed debt but a Judg
e has discretion to make a winding up order on disputed debts which is not reviewable unless exercised on a wrong principle or the Judge included or omitted consideration of a rele}{\lang2057\langfe1033\langnp2057\insrsid5601138 
vant fact or was wholly wrong\'94.}{\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par }\pard\plain \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par All that is required for a Petition to be struck out is that there is a dispute on \lquote substantial grounds\rquote .}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
The question therefore is \lquote }{\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Is there a substantial dispute as to the debt upon which the petition is allegedly found?}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 \rquote }{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 [}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Herman J}{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  in }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Re a Company}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  (No. 60 1946 of 1991) ex p }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Fin Soft Holding SA}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 (1991) BILL 737 at 740].
\par 
\par On the totality of the evidence I find that neither are there any triable issues nor is the dispute based on substantial grounds.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138  }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
In fact I am convinced that the alleged balance debt is owed to the Petitioner.
\par 
\par For these reasons, on the affidavit evidence before me, in the exercise of my discretion I refuse the opposition application with costs against the Company in the sum of $500 to be paid within 7 days.
\par 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 It is ordered}{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138  that conditional upon the Company paying the alleged balance 
debt in full within 7 days from the date of this judgment, the Company is hereby Ordered to be wound up.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par 
\par }\pard \qc \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 D. Pathik
\par }{\b\fs24\ul\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 Judge}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 
\par }\pard \ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid5601138 {\fs24\lang2057\langfe1033\langnp2057\insrsid5601138 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13514827\charrsid5601138 At Suva
\par 13 February 2003
\par }}