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    <title>1958 (5) TMI 26 - HIGH COURT OF PUNJAB</title>
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    <description>The court dismissed the petition with costs, ruling that the petition was not maintainable after the withdrawal of the previous petition under section 395. It held that the scheme for compulsory acquisition of shares was valid and in accordance with section 395. The court found the case unsuitable for summary trial under section 155 and deemed the application barred by time, emphasizing that section 155 could not be used as an alternative to the specific remedy provided under section 395.</description>
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    <pubDate>Fri, 23 May 1958 00:00:00 +0530</pubDate>
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      <title>1958 (5) TMI 26 - HIGH COURT OF PUNJAB</title>
      <link>https://www.taxtmi.com/caselaws?id=97571</link>
      <description>The court dismissed the petition with costs, ruling that the petition was not maintainable after the withdrawal of the previous petition under section 395. It held that the scheme for compulsory acquisition of shares was valid and in accordance with section 395. The court found the case unsuitable for summary trial under section 155 and deemed the application barred by time, emphasizing that section 155 could not be used as an alternative to the specific remedy provided under section 395.</description>
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      <pubDate>Fri, 23 May 1958 00:00:00 +0530</pubDate>
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