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1958 (8) TMI 55 - HC - Companies LawExtract: .......nding it for consideration to the creditors and share-holders because it will not at all be possible for me to sanction it even if they approve of it by the requisite majority. 35. In the circumstances mentioned above, I reject the scheme proposed by the Bank, and I hereby direct that the Bank be wound up. 36. The parties will bear their own costs.
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