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1989 (7) TMI 340 - HC - Companies LawExtract: .......rd to proceed with the recovery of the property taxes and other dues from the company. If such consent is obtained, then the embargo imposed by Section 22(1) of the Act is lifted. 16. In the result, the petition succeeds. Rule is made absolute in terms of prayer clauses (b)(i) and (b)(ii) of the petition. No order as to costs. 17. Petition allowed.
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