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1982 (3) TMI 269 - HC - Companies LawExtract: ....... the third respondent is the son of the second respondent, but then the second respondent is only an ordinary director, but not one holding any office or place of profit as defined in s. 314(3) of the Act. If that is so, there can be no violation of s. 314(1)(b) of the Act. 7. The result is, the application fails and is dismissed but without costs.
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