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1990 (4) TMI 25 - HC - Income TaxExtract: ....... 1,00,000 (one lakh) equity shares of Rs. 10 (rupees ten only) each of the transferee-company as fully paid-up. Equity shares so allotted by the transferee-company will in all respects rank pari passu with the existing equity shares of the transferee-company for dividends and voting rights. The aforesaid scheme shall take effect from April 1, 1987.
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