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2022 (5) TMI 1606 - SCH - Companies LawValuation of shares of the company - HELD THAT:- It is agreed upon by both the parties that the value of the Company may be jointly assessed by two Auditors. Both parties shall furnish separate list of three Auditors proposed by them for this Court to select one name from each list - As regards, the cutoff date for conducting the valuation, it is agreed by both parties that the date should be taken as 31.03.2021. In compliance to the orders passed by this Court from time to time, both the parties have placed the material on record relating to the contributions stated to have been made by them towards the growth of the company - it is directed that both parties to place copies of the said material before the Auditors to enable them to expedite the process of valuation. The Auditors are directed to provide an opportunity to both the parties to present their case and also take into consideration the material placed before them before assessing the value of the company and thereafter submit a joint report to this Court within a period of six weeks from this date. List these matters after six weeks.
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