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2000 (5) TMI 957 - HC - Companies Law

The High Court of Allahabad ordered the winding up of Bhartiya Gramin Vikas Vitta Nigam Ltd. due to non-payment of debts to petitioners. The company officials were absconding, and the office was closed. Despite proper legal notices and advertisements, no objections were filed. The official liquidator was appointed as the Liquidator of the company as per the Companies Act, 1956.

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