9911796707
TMI Blog2013 (4) TMI 877X X X X Extracts X X X X X X X X Extracts X X X X ..... Jay Kansara, M/S Wadia Ghandy Co, Mr. Percy Kavina, Mr Tanvish Bhatt and Mr Jay Kansaran And M/S Wadia Ghandy Co, for the Applicant. Mr Ashok L Shah with Mr Pavan S Godiawala, Mr. Mihir Thakore, Mr. Amar Bhatt for the Opponent. ORAL ORDER Mr. Ravi R.Tripathi 1. The applicants - original appellants have prayed as under :- 9A. Your Honors be pleased to stay the effect, ope ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and apprise the CLB regarding the final decisions taken by the Board/Shareholders, No Board Meeting/AGM/ EOGM shall be valid without the presence of the Special Officer-cum-Observer, the Govt. nominee, the PMC, and representative (s) of the Banker (s), no resolutions, if passed shall be implemented without mentioning before the CLB. The decisions taken must be in the interest of the R-I Company a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hs 26 and 27 wherein the learned Member of the Company Law Board is pleased to observe as under :- 26. Rawla Co., Chartered Accountants, office at 501, Gimar Heights, Dongre Park, CHS Ltd., Off. R.C. Marg, Chembur (E) Mumbai 400 074. Ph. No. 022-64166972, Email: [email protected] (Mob. No. is 9811484459 (Shri Y.P. Rawla) are hereby appointed to prepare the Cash Flow Statements and verify a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of shares, taking of loans and filing of Statutory Returns of the R-I Company with the ROC. 5. Learned Senior Advocate for the applicants submitted that the very fact that the Auditors and the Company Secretaries are asked to look into the affairs of the R-I Company 'right from the inception of the Company till date,' is suggestive of the fact that the learned Member of the Company Law ..... X X X X Extracts X X X X X X X X Extracts X X X X
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