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2003 (9) TMI 538 - HIGH COURT OF HIMACHAL PRADESHExtract: ....... an action on behalf of the company. The power to institute an action on behalf of the company can be conferred on a Director or any other officer of the company only by the Board of Directors by way of a resolution in that regard. 26. For the foregoing reasons the present petition fails and the same is accordingly dismissed. No orders as to costs.
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