1978 (1) TMI 139

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..... S. Chawla for the Respondent . JUDGMENT Sandhawalia, J. Ravinder Kumar Jain, petitioner, has moved this petition under section 166 read with section 171 of the Companies Act, against the Punjab Registered (Iron and Steel) Stockholders Association Ltd., to seek the primary relief that the meeting of the respondent-company held on the 28th September, 1977, be declared illegal and void. .....

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..... a considered judgment, came to the conclusion that the civil courts had jurisdiction to try a suit challenging the validity and regularity of the general meeting of a company and the election of directors held therein. In Siri Ram v. Edward Ganj Public Welfare Association Ltd. [1971] 47 Comp. Cas. 283 (Punj.) also the validity of the meeting of a company and the election of its directors there .....

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..... ore me, no cogent argument has been raised to assail the correctness of the view expressed in Niranjan Singh's case [1977] 47 Comp. Cas. 285 (Punj.) referred to above. As at present advised, I see no reason to take a contrary view. Following the same it is held that the present petition is not maintainable. The preliminary issue is decided in favour of the respondent and the petition is dismisse .....

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