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1987 (10) TMI 315 - HC - Companies LawExtract: .......of merit. As the provision embodied in section 630 of the Companies Act does not contemplate prosecution of the petitioners thereunder, the proceedings in question so far as they relate to them deserves to be dropped and in exercise of the inherent powers under section 482 of the Criminal Procedure Code, 1973, are accordingly ordered to be dropped.
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