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1998 (7) TMI 511 - HC - Companies Law
Company Petition No. 82 of 1998 filed by Bansal Trading Company against Chhattar Industries Limited for winding up was disposed of as Chhattar Industries Limited was unable to pay its debts. Company Petition No. 145 of 1998, based on the recommendation of the Board for Industrial and Financial Reconstruction, was allowed, and Chhattar Industries Limited was ordered to be wound up under the Companies Act, 1956.
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