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    <description>The CLB dismissed Company Petition No. 88/2007 as non-maintainable due to the petitioners&#039; failure to prove their locus and requisite membership qualification under section 399 of the Companies Act, 1956. The CLB allowed Company Application No. 357/2007, entitling the applicant to receive the deposited sum of Rs. 1 lakh along with accrued interest.</description>
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      <description>The CLB dismissed Company Petition No. 88/2007 as non-maintainable due to the petitioners&#039; failure to prove their locus and requisite membership qualification under section 399 of the Companies Act, 1956. The CLB allowed Company Application No. 357/2007, entitling the applicant to receive the deposited sum of Rs. 1 lakh along with accrued interest.</description>
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