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    <title>1998 (4) TMI 532 - Company Law Board</title>
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    <description>The Board found the petition maintainable as the petitioners proved their status as shareholders with original share certificates. The legitimacy of their shareholding was affirmed, dismissing claims of financial irregularities for further examination. Allegations of mismanagement and oppression were acknowledged but deferred for subsequent hearings. Specific reliefs requested were not granted at the preliminary stage, with the focus on addressing the substantive issues in the final hearing.</description>
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      <link>https://www.taxtmi.com/caselaws?id=166581</link>
      <description>The Board found the petition maintainable as the petitioners proved their status as shareholders with original share certificates. The legitimacy of their shareholding was affirmed, dismissing claims of financial irregularities for further examination. Allegations of mismanagement and oppression were acknowledged but deferred for subsequent hearings. Specific reliefs requested were not granted at the preliminary stage, with the focus on addressing the substantive issues in the final hearing.</description>
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