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2005 (5) TMI 335 - HIGH COURT OF BOMBAYExtract: .......ng freezing all business activities of the companies. 18. It is circumstances, we are in agreement with the learned Judge, who held that the conduct of some business on the part of the appellants is clearly established. In this view of the matter, the provisions of section 237 are clearly applicable. 19. The above appeals are accordingly dismissed.
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