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1994 (10) TMI 234 - HC - Companies LawExtract: .......ebt due to the petitioner. It cannot therefore be said that the company is unable to pay its debts. This company petition for winding up the respondent-company is, therefore, dismissed. It is, however, open to the petitioner to agitate its claim before the civil court. In the circumstances of the case, the parties shall bear their respective costs.
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