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2003 (4) TMI 463 - HC - Companies LawExtract: .......mencement. Even then no proceeding had been initiated by the Registrar of Companies. At least the report did not speak of any such proceeding. This act on the part of the Registrar of Companies is deprecated by this court. Registrar of Companies is directed to initiate proceeding against the defaulting directors and officers of the company at once.
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