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Companies Law - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Oppression and mismanagement - Termination of services - Civil ...


Injunction Issued on Agenda Item Ignored; EGM Decision to Remove Director Deemed Illegal Due to Mismanagement.

July 11, 2019

Case Laws     Companies Law     AT

Oppression and mismanagement - Termination of services - Civil Judge passed an injunction prohibiting any discussion on item No.2 in the agenda notice dated 21.10.2009, which was duly conveyed to the company and all concerned - despite discussions made and also took a resolution removing original Respondent No.5, from the post of Director/Managing Director - hence decision taken in the EOGM held on 14.11.2009 in respect of Item No.2 is not legal

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