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S.S. Laxminarayanan And Anr. vs Mather And Platt India Ltd. And Ors. on 17 July, 1997

S.S. Laxminarayanan and Anr. v. Mather & Platt India Ltd. and Ors.,(1997) 26 CLA 245 (CLB), wherein it is held that the consent contemplated under Section 399(3) of the Companies Act, 1956 is intelligent consent in the sense, that consent given for the purpose of making particular allegation in the petition and for the purpose of claiming a particular relief therein, therefore a blanket consent cannot be a consent as contemplated by Section 399 (3).
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