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Companies Law - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Company under liquidation - right of the State on leased out ...

Companies Law

October 3, 2018

Company under liquidation - right of the State on leased out property - they continue to remain as lessee. And the object for which the land was leased out being frustrated, on winding up of the company in question; the land leased out to it stands reverted to its owner, the State.

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