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2006 (11) TMI 333 - HIGH COURT OF KERALAExtract: .......ainable. It is for the CLB to decide whether first respondent rsquo s application has merit or not, whether shares should be transferred as applied and rectification of register shall be carried out etc. after adducing evidence and further hearing. We see no ground to interfere with the order of the Company Law Board and both appeals are dismissed.
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