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2003 (1) TMI 637 - HIGH COURT OF DELHIExtract: .......defendant-TC cannot have the benefit of 38 per cent of shares of a person whom they do not at all recognize a Member of the company and at the same time hold the Board Meetings without quorum which is in violation of provisions of Company Act. In view of this, the interim relief sought is granted in terms of prayer lsquo A rsquo of the application.
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