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1980 (10) TMI 172 - HIGH COURT OF GUJARATExtract: .......incur expenses out of the funds of the company, and section 179 does not control the general law of the land. In that view of the matter, therefore, I do not think that any leave is necessary under section 446(1) to continue the prosecutions against the erstwhile directors and officers of the aforesaid company. Summons is, accordingly, disposed of.
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