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Court Finds No Justifiable Grounds for Company's Winding Up; Revival Possible if Counter-Claim Allowed.

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....Voluntary winding up - In the event, the counter-claim of the petitioner-company is allowed, the possibility of revival of petitioner-company cannot be denied. - no justifiable ground for winding up is made out. - HC....

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Court Finds No Justifiable Grounds for Company's Winding Up; Revival Possible if Counter-Claim Allowed.