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2006 (9) TMI 582 - COMPANY LAW BOARDExtract: .......In case the respondents exercise this option, the same shall be binding on the petitioners. In case, the respondents decide to go out of the company, they may make an application to this Board for appointment of an independent valuer to determine the fair value of the shares. This option should be exercised within a month of the date of this order.
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