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2012 (8) TMI 1110 - Board - Companies LawExtract: ....... have transferred their shares. Since I hold that the petitioners are no more shareholders of the company and not entitled to file the petition under section 399 of the Act, the application filed by the applicants being C.A. 208 of 2010 in C.P. No. 89 of 2010 is allowed and C.P. No. 89 of 2010 is dismissed as not maintainable. No order as to costs.
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