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    <title>1998 (8) TMI 446 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>The court dismissed the review application, upholding the appointment of the provisional liquidator as just and necessary to safeguard creditors&#039; interests and prevent asset depletion. Specific directives were given to the provisional liquidator to facilitate the company&#039;s pursuit of matters before appropriate forums, emphasizing transparency and asset protection. The court found no merit in the challenges raised regarding lack of notice and hearing, justifying the appointment based on the company&#039;s financial situation and conduct.</description>
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