Tribunal power to convene meetings enables ordering and validating company meetings when regular convening is impracticable. Where a company meeting (other than an annual general meeting) cannot be called, held or conducted as prescribed, the Tribunal may, suo motu or on application by a director or voting member, order a meeting to be called, held and conducted in such manner as it thinks fit and give ancillary directions modifying or supplementing the Act or the company's articles; such directions may deem one member present in person or by proxy to constitute a meeting, and any meeting so convened is deemed duly called, held and conducted.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tribunal power to convene meetings enables ordering and validating company meetings when regular convening is impracticable.
Where a company meeting (other than an annual general meeting) cannot be called, held or conducted as prescribed, the Tribunal may, suo motu or on application by a director or voting member, order a meeting to be called, held and conducted in such manner as it thinks fit and give ancillary directions modifying or supplementing the Act or the company's articles; such directions may deem one member present in person or by proxy to constitute a meeting, and any meeting so convened is deemed duly called, held and conducted.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.