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1987 (6) TMI 362 - HIGH COURT OF KARNATAKAExtract: .......elegate the petitioner to claim the balance of the price in a properly framed suit, in the appropriate court having jurisdiction. If the petitioner obtains a decree in the suit which he may file, then this court will certainly have no hesitation to pass an order of winding up, on a company petition being filed. Therefore, this petition is rejected.
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