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2007 (10) TMI 400 - HIGH COURT OF CALCUTTAWinding up - Circumstances in which a company may be wound up - Held that:- The last payment was made by the company on 30-8-2002/3-8-2002/21-6-2002 . The petition was filed on 5-10-2004/7-10-2004/7-10-2004 and the company has not been able to dispute the outstanding amount of ₹ 2,70,277/Rs. 3,52,373/ ₹ 3,96,771 by showing that any payments in addition to those recorded in the statutory notice had been made by the company. Accordingly, C.P. No. 486/495 /496 of 2004 is admitted for the principal sum of ₹ 2,70,277/Rs. 3,52,373/Rs. 3,96,771 together with interest thereon at eight per cent per annum from 31-5-2002/4-8-2002/22-6-2002 (the day following the last date of payment). If the company makes payment of such sum inclusive of interest within eight weeks from date, Company Petition No. 486/495/496 of 2004 will remain permanently stayed. In default, the petition will be advertised once in The Statesman and once in Aajkal. The publication in the Official Gazette will stand dispensed with. The advertisements should indicate that the matter would be returnable on the next available court day four weeks after the date of publication.
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