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2005 (6) TMI 282 - HC - Companies LawExtract: ........ The original petitioner on payment being made will effect transfer of all his shares and also will resign from the directorship of the company and will cease to have any claim in respect of the remuneration and perquisites as a director of the company. (viii)With the aforesaid directions both the appeals are disposed of with no order as to costs.
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