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[Cites 0, Cited by 0] [Section 81(2)] [Section 81] [Entire Act]

Union of India - Subsection

Section 81(2)(b) in The Companies Act, 1956

(b)to authorise any person to exercise the right of renunciation for a second time, on the ground that the person in whose favour the renunciation was first made has declined to take the shares comprised in the renunciation.