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1993 (8) TMI 237 - HC - Companies LawExtract: .......een raised even long before the demand for payment was made by the petitioner and therefore the defence to the liability alleged against the respondent by the petitioner cannot be brushed aside as not bona fide. In that view of the matter, I do not think that any case is made out for admission of this petition. The petition is, therefore, rejected.
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