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1975 (4) TMI 61 - HIGH COURT OF GUJARATExtract: .......assets of the company and that the liquidator is bound to pay the same in priority before any distribution of the assets of the company is made by him. The question so reframed is answered in the affirmative. The alternative question posed by the liquidator does not arise and even if it does arise, it is answered in the negative. Order accordingly.
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