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Transfer of winding up petition to NCLT dismissed as liquidation process was at advanced stage: HC

October 24, 2018[2018] 99 225 (Delhi)

CL: Where liquidation proceedings were at advanced stage and much time had passed since order appointing OL as provisional liquidator was passed and there were allegations of fraud and misappropriation on part of ex-directors, application for transfer of winding up petition to NCLT was to be dismissed

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