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1997 (4) TMI 525 - COMPANY LAW BOARD, CHENNAI
Extract:
.......en though under Section 10E(4C)(d) of the Act we could summon witnesses, etc., yet since ours is a discretionary jurisdiction and proceedings under Section 111 are summary in nature, we do not propose to do so. Accordingly, we dismiss this petition and the parties may agitate this matter in a civil suit if they are so advised. No order as to costs.