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1963 (7) TMI 32 - HIGH COURT OF KERALAExtract: .......n which the set-off should be effected and to make the commencement of the winding up the time for that purpose and (5)that in the light of what has been stated the appellant s claim to a set-off is valid and should be admitted. The appeal succeeds and is hereby allowed. In the circumstances of the case, however, there will be no order as to costs.
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