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8 Applications Under Section 279

Application for leave to commence or continue suit or proceeding - An application under sub-section (1) of section 279 for leave of the Tribunal to commence or continue any suit or proceeding against the company shall be made in Form No 15 upon notice to the Company Liquidator and the parties to the suit or proceeding sought to be commenced or continued and Tribunal shall dispose off such application within sixty days.

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