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    <title>1997 (12) TMI 658 - COMPANY LAW BOARD,NEW DELHI</title>
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    <description>The petition filed under Sections 397/398 and 111(4) of the Companies Act, 1956, regarding Tinplate Dealers Association Private Limited was reopened for further hearing after concerns were raised about rights not being considered in the consent terms. The Company Law Board emphasized the importance of share certificates as evidence of share ownership and decided that a comprehensive examination of the petition was necessary due to the complexity of legal and factual issues. The maintainability of the petition would be decided after a full hearing to ensure a fair assessment.</description>
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      <description>The petition filed under Sections 397/398 and 111(4) of the Companies Act, 1956, regarding Tinplate Dealers Association Private Limited was reopened for further hearing after concerns were raised about rights not being considered in the consent terms. The Company Law Board emphasized the importance of share certificates as evidence of share ownership and decided that a comprehensive examination of the petition was necessary due to the complexity of legal and factual issues. The maintainability of the petition would be decided after a full hearing to ensure a fair assessment.</description>
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