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2005 (4) TMI 297 - HIGH COURT OF ANDHRA PRADESHExtract: .......there is no ascertained or determined debt and the claim of the petitioner-firm relates to the entries made in the petitioner rsquo s books of account prior to three years, the petitioner-firm is not entitled to seek an order of winding up. Therefore, the company petition is not liable to be admitted and the same is accordingly dismissed. No costs.
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