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    <title>1967 (8) TMI 74 - HIGH COURT OF MADRAS</title>
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    <description>The court dismissed the petition, ruling against the petitioner&#039;s claims of exclusion from management, breach of promise for joint management, and seeking winding up under the &quot;just and equitable&quot; rule. The court found no evidence of misfeasance, confirmed the company&#039;s sound financial status, and emphasized that mere internal disputes do not warrant winding up. The petitioner was advised to seek alternative legal remedies, and the petition was dismissed with costs awarded to the respondent.</description>
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    <pubDate>Fri, 11 Aug 1967 00:00:00 +0530</pubDate>
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      <title>1967 (8) TMI 74 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=98443</link>
      <description>The court dismissed the petition, ruling against the petitioner&#039;s claims of exclusion from management, breach of promise for joint management, and seeking winding up under the &quot;just and equitable&quot; rule. The court found no evidence of misfeasance, confirmed the company&#039;s sound financial status, and emphasized that mere internal disputes do not warrant winding up. The petitioner was advised to seek alternative legal remedies, and the petition was dismissed with costs awarded to the respondent.</description>
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      <pubDate>Fri, 11 Aug 1967 00:00:00 +0530</pubDate>
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