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1956 (2) TMI 32 - SC - Companies LawWhether the High Court was correct to set aside the order of the District Judge and order that the said shares should be sold in the open market and that the offer made by Pasavala should be taken as the minimum offer made for the purchase of the shares in question? Held that:- Having regard, therefore, to all the circumstances of the case, we are of the opinion that the order made by the District Judge was right and the High Court was in error when it set it aside and directed that the said 1936 shares should be sold by public auction.
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