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1998 (2) TMI 454 - HIGH COURT OF KARNATAKAExtract: .......ars. Accordingly, the impugned resolution of the board of directors is set aside with a direction to the first respondent to rectify the register of members by entering the names of the petitioners in terms of their application for transfer of shares. The first respondent will also be liable to pay consolidated cost of Rs. 5,000 to the petitioners.
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