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1964 (8) TMI 23 - HC - Companies LawExtract: ....... (who, it may be noted, happens to be the father of petitioner No. 2) on account of the way he is managing the affairs of the company, there are other remedies that they can pursue as shareholders. Winding-up would not be an appropriate remedy, when the company is perfectly solvent and flourishing. This petition is accordingly dismissed with costs.
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