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    <title>2004 (1) TMI 390 - HIGH COURT OF MADHYA PRADESH</title>
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    <description>The court dismissed the current company petition seeking winding up of the respondent-company under section 433(c) of the Companies Act, as another petition for the same relief had already been admitted. The petitioner was granted liberty to submit their grievances as a claim in the existing winding-up petition, emphasizing that all creditors with claims against the company are represented in the ongoing petition. This decision aims to streamline the process, avoid duplication, and ensure procedural fairness by consolidating creditor claims in a single petition for adjudication.</description>
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    <pubDate>Tue, 27 Jan 2004 00:00:00 +0530</pubDate>
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      <title>2004 (1) TMI 390 - HIGH COURT OF MADHYA PRADESH</title>
      <link>https://www.taxtmi.com/caselaws?id=109341</link>
      <description>The court dismissed the current company petition seeking winding up of the respondent-company under section 433(c) of the Companies Act, as another petition for the same relief had already been admitted. The petitioner was granted liberty to submit their grievances as a claim in the existing winding-up petition, emphasizing that all creditors with claims against the company are represented in the ongoing petition. This decision aims to streamline the process, avoid duplication, and ensure procedural fairness by consolidating creditor claims in a single petition for adjudication.</description>
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      <pubDate>Tue, 27 Jan 2004 00:00:00 +0530</pubDate>
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