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    <title>2018 (10) TMI 2066 - BOMBAY HIGH COURT</title>
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    <description>Multiple winding-up petitions were withdrawn with liberty to approach the National Company Law Tribunal or the appointed resolution professional; the petitions were dismissed as withdrawn and petitioners were granted leave to refile before the NCLT/RP. The court excluded the time spent prosecuting the petitions from limitation calculations as bona fide prosecution, applying the doctrine of exclusion of time under the Limitation Act and citing supporting precedent. Petitioners were directed to file fresh petitions/applications within six weeks; interim applications were disposed and any delay is to be condoned by NCLT/RP.</description>
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      <link>https://www.taxtmi.com/caselaws?id=465879</link>
      <description>Multiple winding-up petitions were withdrawn with liberty to approach the National Company Law Tribunal or the appointed resolution professional; the petitions were dismissed as withdrawn and petitioners were granted leave to refile before the NCLT/RP. The court excluded the time spent prosecuting the petitions from limitation calculations as bona fide prosecution, applying the doctrine of exclusion of time under the Limitation Act and citing supporting precedent. Petitioners were directed to file fresh petitions/applications within six weeks; interim applications were disposed and any delay is to be condoned by NCLT/RP.</description>
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