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1998 (9) TMI 589 - HIGH COURT OF CALCUTTAExtract: ....... company court having no power to take cognizance except in a case falling under section 454 of the Companies Act, no such criminal proceedings can be initiated in the company court. For the reasons aforementioned the impugned judgment cannot be upheld. The appeal is, therefore, allowed but there will be no order as to costs. D.B. Dutta J.-I agree.
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