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1974 (9) TMI 82 - HC - Companies LawExtract: .......y and its directors in reviving the business activities by fighting against all odds. If the debts are not satisfied within the time indicated, the winding-up proceeding shall proceed in accordance with law on the application of the petitioning creditor. In the peculiar facts of the case, I direct parties to bear their own costs of this proceeding.
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