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1994 (5) TMI 166 - HIGH COURT OF DELHIExtract: .......that the company had earlier tried to raise funds by issuance of right shares in 1993, does not mean that the present decision of the company in issuing the right shares is actuated by any ulterior motives and is not bona fide exercise of the discretion in the interest of the company. I find no merit in this application, which I, hereby, dismissed.
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