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2001 (12) TMI 809 - HC - Companies LawExtract: ....... company (in liquidation), which shall be deemed to be in custody of the court. The UPFC is directed not to proceed any further with the sale of the proceeds. In case any proceedings have been taken for sale, they shall not be proceeded with further except with the leave of the court. The Official Liquidator shall submit a report within four weeks.
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