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1955 (10) TMI 40 - HC - Companies LawExtract: .......n of the question before us. 30. We, therefore, hold that it was within the powers of the Directors to put up the proposed construction even under the terms of the original trust-deed and that the policy-holders have no right to interdict it. The appeal fails and it is dismissed; but in the circumstances, we make no order as to costs of the appeal.
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