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1975 (12) TMI 177 - BOMBAY HIGH COURTExtract: .......he part of Chapter V which is applicable to every mode of winding up. So while the proceedings of winding up are going on and the dissolution has not reached it is obvious that power under section 536 (2) can be exercised by the Court. 11. For all these reasons, we hold that there is no merit in the present appeal and the same will stand dismissed.
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