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1993 (9) TMI 104 - MADRAS HIGH COURTExtract: ....... view of the matter, the existence or otherwise of the financial stringency or constraints, as urged by the company and taken due note of by the Tribunal, is of no consequence. For the reasons given above, the writ petition as well as the writ miscellaneous petition deserve dismissal even at the admission stage and they are, accordingly, dismissed.
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