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HC dismissed application for revival of company after completion of winding up process with exemplary cost

December 4, 2018[2018] 100 taxmann.com 45 (Karnataka)
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CL: Where winding up process of company-in-liquidation was completed by Official Liquidator and funds were distributed among stakeholders, applications filed by ex-directors seeking leave to file some kind of scheme or arrangement for revival of company was sheer abuse of process of law and were to be dismissed with exemplary cost

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