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2006 (7) TMI 699 - SC - Companies LawExtract: .......tiff had capacity to pay and was ready and willing to pay the balance amount and the absence of any material to show that the defendant No.2 was not acting in unauthorized manner in view of the clear resolution of the appellant No.1, the judgment of the High Court cannot be faulted. The appeal is, therefore, dismissed without any order as to costs.
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