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    <title>2015 (6) TMI 108 - KARNATAKA HIGH COURT</title>
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    <description>The court upheld the decision of the Company Law Board, dismissing the appeal regarding the challenge to the rejection of the application to dismiss the Company Petition as not maintainable. The dispute over the alleged transfer of shares was deemed to require a full hearing to determine the legality of the transfer, as the respondents claimed they had not transferred their shares to the appellants. The court concluded that the Company Petition could not be summarily dismissed without allowing the respondents to prove their case, affirming the Company Law Board&#039;s decision.</description>
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    <pubDate>Thu, 05 Mar 2015 00:00:00 +0530</pubDate>
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      <title>2015 (6) TMI 108 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=260183</link>
      <description>The court upheld the decision of the Company Law Board, dismissing the appeal regarding the challenge to the rejection of the application to dismiss the Company Petition as not maintainable. The dispute over the alleged transfer of shares was deemed to require a full hearing to determine the legality of the transfer, as the respondents claimed they had not transferred their shares to the appellants. The court concluded that the Company Petition could not be summarily dismissed without allowing the respondents to prove their case, affirming the Company Law Board&#039;s decision.</description>
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      <pubDate>Thu, 05 Mar 2015 00:00:00 +0530</pubDate>
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