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1972 (1) TMI 61 - HC - Companies LawExtract: ....... Judge reported in Registrar of Companies v. Haribansha Misra 1969 39 Comp. Cas. 990 AIR 1969 Orissa 234 has not been correctly decided. In the result, the conviction of the petitioners under section 220(3) of the Companies Act, 1956, must be set aside. The petitioners are acquitted and the fines, if paid, shall be refunded. PATRA J. mdash I agree.
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