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    <title>2008 (9) TMI 550 - HIGH COURT OF MADRAS</title>
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    <description>The court affirmed the learned single judge&#039;s decision, validating the sale transactions as bona fide and in compliance with Section 536(2) of the Companies Act, 1956. The court emphasized the importance of allowing such transactions to support the company&#039;s operations and safeguard the interests of stakeholders. The appeals were dismissed, and possession of the property was granted to the applicant.</description>
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