"RESOLVED that taking this view that the minimum subscription not having been reached and pursuant to Section 69(5) of the Companies Act, 1956, the share application money received by the company be refunded to the applicants and the Secretary of the Company be instructed to inform the applicants accordingly."
Chitika
Thursday 24 March 2011
Sec.69 - Return of share Application Money - Board Resolution;
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Board Resolution
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