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1989 (12) TMI 272 - HIGH COURT OF PUNJAB AND HARYANAExtract: .......The company has gone into liquidation. However, the present petition, at the instance of the official liquidator, is maintainable. Issue No. 5 is thus answered in favour of the petitioners and against the respondent. In view of my finding under issue No. 1, this petition fails and is dismissed. However, the parties are left to bear their own costs.
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