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Companies Law

Winding up petition - , it will be too harsh to order winding up...

Court Rules Winding-Up Petition Unjustified Due to Trustee's Lack of Authorization, Protects Functioning Company from Premature Closure.

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Companies LawJune 13, 2013Case LawsHC

Winding up petition - , it will be too harsh to order winding up of a running company, merely on the petition by trustee, filed without proper authorisation. - HC

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