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1971 (11) TMI 92 - HIGH COURT OF BOMBAYExtract: .......fficial liquidator is appointed liquidator of the company with all necessary powers under the Act. The costs of Fatehi Brothers as supporting creditors as also substituted petitioning creditors do come out of the assets of the company. The order for winding up be advertised in the same newspapers in which the petition was directed to be advertised.
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