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2007 (11) TMI 682 - COMPANY LAW BOARD, NEW DELHIExtract: .......lls made, it also provides that no other sum should also be due on the shares. In the present case, the amount on 2,000 shares became due on incorporation of the company which the petitioner has not paid so far. 7. Therefore, the petitioner has not fulfilled the requirements of Section 399 and accordingly I dismiss the petition as not maintainable.
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