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    <title>1967 (7) TMI 89 - IN THE CHANCERY DIVISION</title>
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    <description>A compulsory winding-up petition under the Companies Act was treated as adequately supported where no one appeared to oppose the grave allegations made against the company. The court distinguished earlier authority on contested petitions, explaining that the stricter requirement for evidence of true evidential value, rather than hearsay, applies where the petition is genuinely disputed. Because the petition here was unopposed, that higher threshold did not arise, and the evidence was considered sufficient for the usual compulsory order.</description>
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    <pubDate>Mon, 24 Jul 1967 00:00:00 +0530</pubDate>
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      <title>1967 (7) TMI 89 - IN THE CHANCERY DIVISION</title>
      <link>https://www.taxtmi.com/caselaws?id=98440</link>
      <description>A compulsory winding-up petition under the Companies Act was treated as adequately supported where no one appeared to oppose the grave allegations made against the company. The court distinguished earlier authority on contested petitions, explaining that the stricter requirement for evidence of true evidential value, rather than hearsay, applies where the petition is genuinely disputed. Because the petition here was unopposed, that higher threshold did not arise, and the evidence was considered sufficient for the usual compulsory order.</description>
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      <pubDate>Mon, 24 Jul 1967 00:00:00 +0530</pubDate>
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