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1964 (2) TMI 30 - HC - Companies LawExtract: .......ercised only with the sanction of the court. In view of the supervision order made by me, it will be necessary for the voluntary liquidator to obtain the sanction of the court before implementing the resolution, dated the 14th of May, 1963. The petition is accepted to the extent indicated above, but in the circumstances I make no order as to costs.
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