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1992 (1) TMI 337 - SC - Indian Laws
Extract:
.......itors, but in the long run to the very existence of the company and its continued business itself. Therefore, they are legal, valid and constitutionally permissible. The Writ Petition is dismissed and the appeals are allowed. The Writ Petitions filed in the High Court stand dismissed. No costs in this Court. G.N. Petition dismissed Appeals allowed.