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2001 (1) TMI 997 - COMPANY LAW BOARD, CHENNAIExtract: .......s that we should declare that the respondents 2 to 10 have no authority of to alienate or deal with the company's properties. The petitioner has not justified with proper material to seek this prayer against the new board of directors and as such the same cannot be considered. 9. The petition is disposed in the above terms. No order as to cost.
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