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1996 (7) TMI 495 - HC - Companies Law

The High Court of Madhya Pradesh upheld the trial court's decision that the petitioner and respondents 3 to 5 were rightly joined as party defendants in a case involving recovery of debt by a private limited company. The court noted the Companies Act provision holding directors severally liable for company debts and emphasized the plaintiff's right to choose defendants. The revision was dismissed without costs.

 

 

 

 

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