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2009 (1) TMI 923 - KERALA HIGH COURTExtract: .......tions and so much so, the offences alleged are not maintainable against them. We, therefore, hold that the conviction and sentence of the appellants for offences punishable under Sections 454(5), 538(1)(c) and 541(1) of the Companies Act are unauthorised and we, therefore, allow the appeals by setting aside the impugned orders of the Company Court.
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