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    <title>1994 (7) TMI 254 - HIGH COURT OF KARNATAKA</title>
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    <description>The court dismissed the appeal, upholding the learned Company Judge&#039;s findings. It concluded that the appellants had not made out a case for relief under Section 155, given their waiver, acquiescence, and suppression of material facts. The interpretation of Articles 7 and 8 further supported the validity of the share transfers. The court left other questions, including the mandatory nature of Section 108(1A), open for future consideration.</description>
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      <title>1994 (7) TMI 254 - HIGH COURT OF KARNATAKA</title>
      <link>https://www.taxtmi.com/caselaws?id=103227</link>
      <description>The court dismissed the appeal, upholding the learned Company Judge&#039;s findings. It concluded that the appellants had not made out a case for relief under Section 155, given their waiver, acquiescence, and suppression of material facts. The interpretation of Articles 7 and 8 further supported the validity of the share transfers. The court left other questions, including the mandatory nature of Section 108(1A), open for future consideration.</description>
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