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1994 (5) TMI 225 - HIGH COURT OF PUNJAB AND HARYANAExtract: .......ing up petition it is a good defence for a company that the amount claimed from it for the non-payment of which it is sought to be wound up, is barred by time. Consequently, in view of my finding that the claim of the petitioner herein is barred by time, I am left with no option but to dismiss the petition. Parties are left to bear their own costs.
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