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2000 (5) TMI 1082 - Board - Companies LawExtract: ....... We also direct the company to delete the remarks in the folios of the petitioners in the register of members, since mere entering into a sale agreement cannot vest the rights of a member to the buyer. 21. In view of our directions above the in respect of the first petition, nothing survives in the second petition and as such the same is dismissed.
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