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2021 (6) TMI 64 - Tri - Companies LawSeeking to place before this Tribunal the proposed sale of equity shares of non-Applicant Group companies which are listed on stock exchanges in India - Oppression and Mismanagement - Sections 241 and 242 of the Companies Act, 2013 - HELD THAT:- The Respondent has not made any objection to the Application. It is submitted that the relief sought is in the interest of the selling companies and their stakeholders. Considering the facts and circumstances of the case the proposed sale of shares as mentioned in Para 14 above held by IFIN and IMICL can be taken on record in accordance with the approval of Hon’ble Justice Mr. D. K. Jain (Retd.) dated 12/12/2019. The selling entities can be permitted to consummate the sale of the listed shares. The Application be and the same is allowed.
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