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2001 (10) TMI 1068 - HIGH COURT OF MADRASExtract: .......ble to pay its debts. However, it is made clear that it is open to the petitioner to file a fresh petition after complying with the requirements prescribed in the Companies Act and rules framed thereunder if so advised. 27. Consequently, connected Company Application No. 2508 of 2000 is also dismissed. The parties shall bear their respective costs.
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