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isaphttp://webisa.webdatacommons.org/prov/
n4indiankanoon.
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(2) The managing agent shall cease to act as such with effect from the date so specified or from such later date, if any, as may be mutually agreed on between him and the Board; 2 but the managing agent shall not be absolved from liability to the company for his acts whether of commission or omission, during the period of his managing agency].
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