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of <h1>Permission Needed to Sue or Continue Legal Action Against a Company Under Section 446(1), Rule 117</h1> An application under section 446(1) of the Companies Law, as per Rule 117 of the Company Court Rules, 1959, requires obtaining the Court's permission to initiate or continue any legal action against a company. This application must be filed with notice given to the Official Liquidator and all parties involved in the suit or proceeding intended to be commenced or continued.
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