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2006 (9) TMI 294 - HC - Companies LawExtract: .......f section 543(1) of the Act. Thus no relief can be granted to the applicant in the absence of any cogent material on record. On the basis of vague and bald allegations it is not possible to hold that provisions of section 543(1) are applicable. 13. The company application stands accordingly rejected without any order as to costs. Notice discharged.
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