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Purchase of minority shareholding without getting share price valued by registered valuer was violative of Sec. 236

October 4, 2019[2019] 109 348 (NCL-AT)

COMPANY LAW : Where majority shareholder of company purchased shareholding of minority shareholders at agreed price to be decided by mutually shareholders acceptable Chartered Accountant and did not get it valued from registered valuer, same was in violation of provisions of section 236

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