K. SHIVASHANKAR BHAT, J.

( 1 ) THE appeal is by three of the respondents in the company petition where by the present respondents 1 and 2 had approached the court under sections 397,398 and 433 (f) of the Companies Act, 1956 ('the act' for short ). The parties will be referred hereinafter with reference to their rankings in the company petition. The reliefs sought by the petitioners are:"a. Declaring that minutes as recorded in the meeting of the board of directors purported to have been held on 14-11-1987, 28-11-1987,13-2-1988 are illegal, improper and be deleted from the minutes book of the meeting of the board of directors; b. Declaring that no meeting was held pursuant to the meeting notices dated 19-3-1988,14-5-1988 and 26-7-1988 on 28-3-1988, 25-5-1988 and 6-3- 1988 or any other date and even if any such meeting was held that the same is non-est in the eye of law; c. Declaring that petitioners continue to be directors of the 1st respondent- company; d. Declaring that the purported co-option of the 4th respondent as a director of the 1st respondent is illegal and non-est in the eye of law; e. Declaring the fifth respondent not to take on record the form No. 32 filed by respond

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