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2012 (11) TMI 1227 - COMPANY LAW BOARD CHENNAIExtract: .......validly appointed as managing director and the same was ratified by the board. In view of the reasons and facts as stated above, the petitioners have not made out any case either on oppression or mismanagement and the petition deserves to be dismissed. Hence the same is dismissed. No order as to costs. All the interim orders stand vacated. o p /o p
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