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1982 (3) TMI 210 - HC - Companies LawExtract: ......., about 70 per cent of the capital is contributed from public funds. Fifthly, it is evident that the company has not even suggested that it has during the course of years ratified the said acts of commission or omission. These are the material considerations which weigh with me in refusing the application. I, therefore, refuse the stay application.
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