https://www.taxtmi.com/caselaws?id=97066 Impracticability in convening company meetings arises where dissolution of managing agents, rival claims to directorships and disputed appointments leave no established board capable of validly calling a general meeting under the articles and the Companies Act. The assessment requires a reasonable, businesslike and commonsense appraisal of whether the prescribed procedure can operate without prolonged disputes or prejudice to the company. Section 79(3) of the Indian Companies Act permits court-directed arrangements for calling, holding and conducting a meeting when the prescribed manner is impracticable. Limits on judicial intervention in internal management do not prevent exercise of this specific statutory power. en-us Wed, 17 May 1950 00:00:00 +0530 Fri, 13 Jan 2012 18:21:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97066 Impracticability in convening company meetings arises where dissolution of managing agents, rival claims to directorships and disputed appointments leave no established board capable of validly calling a general meeting under the articles and the Companies Act. The assessment requires a reasonable, businesslike and commonsense appraisal of whether the prescribed procedure can operate without prolonged disputes or prejudice to the company. Section 79(3) of the Indian Companies Act permits court-directed arrangements for calling, holding and conducting a meeting when the prescribed manner is impracticable. Limits on judicial intervention in internal management do not prevent exercise of this specific statutory power. Case-Laws Companies Law Wed, 17 May 1950 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97066