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2001 (7) TMI 1207 - HC - Companies LawExtract: .......ept the contention of the petitioners to exercise my equitable jurisdiction in their favour to order admission of the winding up petition to finally wind it up. In the aforesaid circumstances, the petition stands dismissed. The petitioner shall pay costs of Rs. 25,000 to the respondent-company for having abused the process of the law and the court.
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