https://www.taxtmi.com/caselaws?id=96629 The court dismissed the suit, holding that the minority plaintiffs lacked standing to challenge the majority-approved resolutions. The court found no grounds for interference as the majority of shareholders had ratified the resolutions. The plaintiffs' allegations of fraud and ultra vires acts were deemed insufficient, leading to the court allowing the demurrer and awarding costs against the plaintiffs. en-us Wed, 06 Dec 1933 00:00:00 +0530 Mon, 09 Jan 2012 18:28:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96629 The court dismissed the suit, holding that the minority plaintiffs lacked standing to challenge the majority-approved resolutions. The court found no grounds for interference as the majority of shareholders had ratified the resolutions. The plaintiffs' allegations of fraud and ultra vires acts were deemed insufficient, leading to the court allowing the demurrer and awarding costs against the plaintiffs. Case-Laws Companies Law Wed, 06 Dec 1933 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96629