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2009 (10) TMI 528 - HIGH COURT OF MADRASWinding up petition - Held that:- Applying the principle that after commencement of the arbitration proceedings, no company petition for winding up can be admitted and having regard to the financial status of the respondent-company, it is of the view that the company petition filed by the petitioner-company to wind up the respondent-company is not maintainable and the same is liable to be dismissed and accordingly dismissed.
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