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2000 (2) TMI 783 - HC - Companies LawExtract: .......tion regarding payment of dividend at the particular rate. 13. We are further of the opinion that the impugned condition under which the appellant has been directed to pay 15 per cent dividend at the time of redemption of shares is neither illegal nor arbitrary or capricious warranting interference by this court. 14. Hence, the appeal is dismissed.
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