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2006 (3) TMI 772 - COMPANY LAW BOARD, DELHI
Extract:
....... plant and machinery amounting to ₹ 12 lakhs received in cash in addition to other misappropriated funds by manipulating inflated fictitious expenses and liabilities i.e. ₹ 20.53 lakhs till 31.3.2003 and ₹ 20.71 lakhs for the accounting year 31.3.2004. 22. With the above directions, I dispose of this petition. No order as to cost.