"RESOLVED that the applications for equity shares in the company, detailed below, be and are hereby rejected.
RESOLVED further that the Secretary of the company be and is hereby authorized to inform the applicants about the company’s refusal to allot shares to them and to return the application money paid by them on their application, as shown against their respective names below :
…………
Sec. Name of Application Number of Application
No. applicant No. shares money
applied for paid
…………
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