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1999 (3) TMI 648 - COMPANY LAW BOARD, NEW DELHI
Extract:
....... board will convene a general body meeting of the company to elect not more than four more directors, as the board may deem fit. (7) In case respondent No. 2 also desires to sell his shares, then the first option to purchase shall be with group A. 33. With the above directions/order we dispose of the petition, however without any order as to costs.