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2012 (10) TMI 1170 - MADRAS HIGH COURTExtract: .......t warrants equitable consideration and statutory protection in the interest and benefit of the company. This court is hence inclined to reject both the legal and factual objections raised by the respondents against the impugned transaction and to grant the reliefs as sought for herein. In the result, both the applications are ordered as prayed for.
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