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1990 (9) TMI 271 - HIGH COURT OF DELHIExtract: ....... of these facts and circumstances, it is not possible for this court to accept the contention that the substratum of the company has disappeared and that it is just and equitable to direct the winding up of the company. This contention is also rejected. For the reasons aforesaid, C.P. No. 52 of 1989 is dismissed with costs. Counsel s fee Rs. 2,500.
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