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1977 (4) TMI 122 - HC - Companies LawExtract: .......default by the subscriber, I do not think that it can be presumed from that mere existence of power that the same had been exercised mala fide and/or illegally. This criticism of the learned advocate for the Registrar is, therefore, not justified. In that view of the matter, therefore, the result is that this petition fails and should be dismissed.
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