Withdrawal of shareholder petitions requires Board leave; notice must be given to the Central Government when petitions were government authorised. Petitions alleging corporate mismanagement cannot be withdrawn without the leave of the Board, and where a petition has been presented by member(s) ... Summary
Withdrawal of shareholder petitions requires Board leave; notice must be given to the Central Government when petitions were government authorised.
Petitions alleging corporate mismanagement cannot be withdrawn without the leave of the Board, and where a petition has been presented by member(s) authorised by the Central Government, notice of any application for leave to withdraw must be given to the Central Government.
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