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1948 (2) TMI 12 - HC - Companies LawExtract: .......d that the winding-up proceedings should be stayed. In this view of the mailer the petitioners are not entitled to stay of the winding-up proceedings. The result, therefore, is that this application must be dismissed. The petitioners must pay the costs of the liquidator, Manabendra and the petitioning creditor of and incidental to this application.
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