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1974 (8) TMI 72 - HC - Companies LawExtract: ....... the company s defence to that suit is, or whether the company is unable to pay that debt, even if the debt is fully due, or whether the bank is willing to accommodate the company. In the circumstances, the petitioner cannot claim a vicarious boost from that debt and it will be of no avail to sustain the petition. I dismiss the petition with costs.
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