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1980 (4) TMI 269 - HC - Companies LawExtract: ....... it must be held that the company is unable to pay its debts at this stage. In the result, the winding-up petition is admitted. The same is to be advertised once in Statesman, once in Basumati and once in Calcutta Gazette but such advertisement not to be published before April 16, 1980, and the matter to appear in the list on the 27th of May, 1980.
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