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1959 (12) TMI 15 - HC - Companies LawExtract: .......th slight modifications corresponds to section 3(1)(iii)( b) of the Companies Act, 1956. For the above reasons, the impugned transfers are not tainted with any illegality and suffer from no flaw or lacuna. In the result, this Letters Patent appeal is allowed and the plaintiff s suit is dismissed with costs of this appeal. Khosla, CJ. mdash I agree.
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