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1960 (5) TMI 18 - HC - Companies LawExtract: ........ Continued existence of the company with its present board of directors can only benefit the group of shareholders who are interested in the Goenka concerns. Shareholders qua shareholders will derive no benefit therefrom. It is, therefore, just and equitable that the company should be wound up. There will, therefore, be the usual winding up order.
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