Restrictions on making application under section 248 in certain situations

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Full Text of the Document

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....ny time in the previous three months, the company- (a) has changed its name or shifted its registered office from one State to another; (b) has made a disposal for value of property or rights held by it, immediately before cesser of trade or otherwise carrying on of business, for the purpose of disposal for gain in the normal course of trading or otherwise carrying on of business....