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2006 (5) TMI 556 - HC - Indian LawsExtract: .......e same time Mr. R. S. Lodha shall not act as a Chairman and Director in the Board of any of the Companies on the strength of the shareholding of Priyamvada Devi Birla (Debased) for a period of three weeks. It is made clear that Mr. R. S. Lodha is free to act as a Director or Chairman elected with his own qualifying shareholding, if he is appointed.
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