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1951 (9) TMI 24 - HIGH COURT OF MADRASExtract: .......of association are necessary in the interests of the company and its creditors and depositors, since there is now 3 permanent share capital assured to those whose interests may be considered to be safe. The resolutions stated in the petition are therefore confirmed. Prayer (a) is ordered. Petitioner will have its taxed costs from out of the estate.
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