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1978 (2) TMI 161 - HIGH COURT OF MADRASExtract: .......espondent-company and its present directors have got the necessary means to pay the debt claimed by the petitioner if he can only establish that the company is liable to pay the debt. In the circumstances the ratio of the decision of the Supreme Court is applicable to the instant case on all fours. This petition is, therefore, dismissed with costs.
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