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Issues: Whether the appeal and stay application abated on account of the appellant company being under liquidation and no application having been made by the Official Liquidator for continuation of the proceedings.
Analysis: Rule 22 of the CEGAT (Procedure) Rules provides that where a company is being wound up, the appeal abates unless the Official Liquidator applies for its continuation. The company was stated to be under liquidation, and no such application had been filed by the Official Liquidator.
Conclusion: The appeal and stay application abated and were dismissed.
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