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2003 (2) TMI 324 - HC - Companies LawExtract: ....... that Sri Raj Narayan Singh was not the director of company on the date loan agreement was executed. He, therefore, could enter into a loan transaction on behalf of company and bind the company with the obligation arising out of the agreement. 17. For the aforesaid reasons, the application to recall the winding up order dated 9-8-2002 is dismissed.
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