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1983 (7) TMI 256 - HIGH COURT OF MADRASExtract: .......ailable to record the transfer of shares. In these circumstances, the aforesaid decision of the Supreme Court in Shelat v. Thakar 1975 45 Comp. Cas. 43 , directly applies to the facts of this case and, therefore, the decision of the Tribunal cannot be said to be erroneous. In this view, the petition is dismissed. There will be no order as to costs.
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