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Disposal of Company s Control" shall mean the transfer of the Controlling Shares to a third party for compensation. Sample 1. Disposal of Company s Control? means the transfer to a third party, on a remunerated basis, of the Control Shares.

A Board Resolution or Resolution passed in General Meeting can be cancelled by the Board or Members as the case may be. A Board Resolution may be cancelled by passing a fresh Board Resolution for rescinding the earlier resolution (which is to be cancelled) in the subsequent Board Meeting.