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1983 (11) TMI 226 - HIGH COURT OF DELHIExtract: .......ared that the approval of the Central Govt. or the Board was not required for payment of guarantee commission to the directors under resolutions of the company dated February 24, 1965, and February 1, 1966. The respondents are restrained from taking any action against the petitioner company for not obtaining the said approval. No order as to costs.
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