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    <title>1960 (8) TMI 42 - HIGH COURT OF ANDHRA PRADESH</title>
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    <description>The court dismissed the appellants&#039; contentions regarding jurisdiction to direct a shareholders&#039; meeting, alleged irregularities in meeting conduct, and the liquidator&#039;s competence to extend payment time and appropriate sale proceeds. The court upheld the authority of the official liquidator and ratified actions taken, finding the appellants&#039; arguments unsubstantial. The appeal was dismissed with costs, and expenses for convening the meeting were to be covered by the estate.</description>
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    <pubDate>Wed, 24 Aug 1960 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=97737</link>
      <description>The court dismissed the appellants&#039; contentions regarding jurisdiction to direct a shareholders&#039; meeting, alleged irregularities in meeting conduct, and the liquidator&#039;s competence to extend payment time and appropriate sale proceeds. The court upheld the authority of the official liquidator and ratified actions taken, finding the appellants&#039; arguments unsubstantial. The appeal was dismissed with costs, and expenses for convening the meeting were to be covered by the estate.</description>
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      <pubDate>Wed, 24 Aug 1960 00:00:00 +0530</pubDate>
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