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1955 (4) TMI 21 - HC - Companies LawExtract: .......es in his name and such a reason is quite a valid reason. The evidence justifies the finding of the lower court, and it cannot be said that the directors did not act bona fide or that they acted arbitrarily or capriciously. In our opinion no case has been made out for interference in appeal. The appeal, therefore, fails and is dismissed with costs.
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