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1994 (3) TMI 395 - COMPANY LAW BOARD, NEW DELHIExtract: .......lause 19 confers any authority to the power of attorney holder to exercise the right vested in the shareholders. In view of this we have to necessarily conclude that the power of attorney does not confer any powers to the holder to file these petitions on behalf of the shareholders. We, therefore, dispose of these two petitions as not maintainable.
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