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1998 (6) TMI 475 - HC - Companies LawExtract: .......he contention of the applicant that the proceedings initiated against the applicant and the company under liquidation before the Addl. Chief Judicial Magistrate rsquo s Court under section 138 of the Negotiable Instruments Act are liable to be stayed under section 446, is not sustainable. Hence this application is dismissed. SCL q NOVEMBER 20, 1998
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