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2001 (3) TMI 933 - HC - Companies LawExtract: .......dgement of the liability in the present case shows that there are substantial dues owing to the petitioner at least to the extent of Rs. 4.42 crores as on 1-4-1998. In these circumstances, the company petition is required to be admitted. 19. The company petition is accordingly admitted and made returnable on 4-7-2001. The respondent waives service.
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