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Definitions.

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....ions of subsection (1A) of section 81 of the Companies Act, 1956; Provided that the name, father's name, address and occupation of persons to whom such allotment is proposed to be made shall be mentioned in the resolution passed by the members under that sub-section: Provided further that persons to whom such offer is proposed, shall not be more than forty-nine as per the first proviso to sub-se....