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    <title>2007 (7) TMI 413 - HIGH COURT OF CALCUTTA</title>
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    <description>The court relieved the petitioners of all liabilities in respect of the 12 show-cause notices, acknowledging the subjective nature of the charges and the bona fide explanations provided. The petition was allowed, and the petitioners were ordered to pay costs to the Registrar. The court commended the Registrar for the thorough scrutiny of the company&#039;s accounts.</description>
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      <description>The court relieved the petitioners of all liabilities in respect of the 12 show-cause notices, acknowledging the subjective nature of the charges and the bona fide explanations provided. The petition was allowed, and the petitioners were ordered to pay costs to the Registrar. The court commended the Registrar for the thorough scrutiny of the company&#039;s accounts.</description>
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