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    <title>2015 (10) TMI 1524 - COMPANY LAW BOARD NEW DELHI</title>
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    <description>The petition was dismissed due to various reasons, including the petitioner&#039;s failure to meet the requirements of Section 399 of the Companies Act, lack of merit in allegations of oppression and mismanagement, and the binding nature of the amended Articles of Association. Additionally, the court found no need for an investigation into the company&#039;s affairs and highlighted the petitioner&#039;s delay in filing the petition. The petitioner was ordered to pay costs of Rs. 10,000.</description>
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      <description>The petition was dismissed due to various reasons, including the petitioner&#039;s failure to meet the requirements of Section 399 of the Companies Act, lack of merit in allegations of oppression and mismanagement, and the binding nature of the amended Articles of Association. Additionally, the court found no need for an investigation into the company&#039;s affairs and highlighted the petitioner&#039;s delay in filing the petition. The petitioner was ordered to pay costs of Rs. 10,000.</description>
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