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1970 (6) TMI 28 - HC - Companies LawExtract: .......mes to all the directors. In these circumstances, I relieve the petitioner of all liabilities in any proceeding that might be taken against him in any court for the contravention of section 299(1) of the Act. This petition is allowed to the above extent, and dismissed in other respects. In the circumstances of the case, I make no order as to costs.
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