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2005 (8) TMI 744 - HC - Companies LawExtract: .......tioner company to either apply to BIFR for permission to file a company petition to wind up the company or await the conclusion of the proceedings under the Act of 1985. It goes without saying that under Section 22(5), the period of limitation during the pendency of the proceedings before BIFR or AAIFR under the Act of 1985, shall remain suspended.
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