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2005 (9) TMI 319

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....ounsel for the parties and perused the entire record of the company petition. The following prayer has been made in this petition : "It is, therefore, respectfully prayed that this application under section 633 of the Companies Act may kindly be allowed and the petitioner may be released from the liability of respondent No. 1 company wholly and part of its amount, which he has invested as 50100 ....