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2010 (4) TMI 1034 - AT - Companies LawExtract: .......icants have no locus standi to intervene in the matter as the impugned order has been passed against the company which has committed serious violations of the Regulations. In this view of the matter, the application cannot but be rejected. In the result, the appeal fails and the same stands dismissed with costs which are assessed at ₹ 1 lakh.
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