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2012 (9) TMI 641 - COMPANY LAW BOARD, NEW DELHIAmendment of the company petition – alleged that equity shares held by International Commenter Limited have been unlawfully transferred to Star Light - amendment of the company petition, also on the ground that 44,800 equity shares held by P-14 in R-l have been transferred to R-2 without following the due procedure of law – Held that:- Amendment sought by Company Application is imperative for proper and effective adjudication of the company petition - It cannot be said that the application for amendment as also the application for impleadment of Star Light suffers from mala fides - proposed amendment does not change the nature and character of the company petition - amendment does not cause any prejudice to the respondents or to Star Light as they would have sufficient opportunity to contest the issues raised by the amendment
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