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Issues: Whether the order allowing amendment of the petition called for interference in appeal under section 483 of the Companies Act, 1956.
Analysis: The amendment did not alter the description of the petitioner and the objection as to maintainability of the winding-up petition was left open for consideration before the company court. Amendment of pleadings is to be allowed liberally unless serious injustice or irreparable loss is shown to the other side. At the interlocutory stage, no ground was made out for appellate interference with the discretionary order allowing amendment.
Conclusion: The appellate court declined to interfere with the order allowing amendment and held that the appeal was liable to be dismissed.