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1991 (3) TMI 399 - HC - Companies LawExtract: ....... under Section 155 of the Act and, even otherwise, their contention under Section 108 of the Act has no factual basis. Similarly, the transaction in question does not contravene Article 7 of the articles of association. 18. Consequently, this petition fails and is dismissed, but without any order as to costs. C. A. No. 185 of 1991 also is rejected.
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