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1965 (4) TMI 63 - HIGH COURT OF ANDHRA PRADESHExtract: .......g with the payment of dividend and transfer of shares, there is no justification for appointment of a committee of shareholders to manage the affairs of the company. This petition is accordingly partly allowed. The parties will bear their own costs. Company Applications Nos. 82 and 126/64 allowed. Company Application 83/64 dismissed as not pressed.
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