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2001 (8) TMI 1422 - SC - Companies LawExtract: .......rmation, merely because a maximum period of probation has been provided there in Sub-rule (1) of Rule 24. 41. In the result, the appeals are allowed, judgment passed by Division Bench of the High Court is set aside and all the writ applications stand dismissed. In the circumstances of the case, we direct that the parties shall bear their own costs.
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