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    <title>2006 (1) TMI 650 - COMPANY LAW BOARD NEW DELHI</title>
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    <description>The court dismissed the petition, finding no evidence of oppression or mismanagement. However, it granted relief to the 2nd petitioner, directing the respondents to offer proportionate shares and transfer shares against his loan. The company was also instructed to pay dividends on preference shares upon request and ensure proper notice for future board meetings.</description>
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      <description>The court dismissed the petition, finding no evidence of oppression or mismanagement. However, it granted relief to the 2nd petitioner, directing the respondents to offer proportionate shares and transfer shares against his loan. The company was also instructed to pay dividends on preference shares upon request and ensure proper notice for future board meetings.</description>
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