Proceedings for recovery of damages or property.

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....y. 244. (1) If from any such report as aforesaid, it appears to the Central Government that proceedings ought, in the public interest to be brought by the company or any body corporate whose affairs....

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.... corporate, which has been misapplied or wrongfully retained; the Central Government may itself bring proceedings for that purpose in the name of such company or body corporate. (2) The Central Gove....