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    <title>1951 (2) TMI 8 - HIGH COURT OF CALCUTTA</title>
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    <description>Section 79(3) of the Indian Companies Act permits court-directed calling, holding and conduct of a company meeting where compliance with the Articles or the Act is impracticable. Rival groups&#039; competing claims to board control, uncertainty over the validly appointed directors, pending litigation and the prospect of conflicting meetings and resolutions can make a valid meeting under the Articles impracticable. In those circumstances, a court-directed meeting may be used to resolve corporate deadlock, prevent continuing disputes and protect the company&#039;s business from prejudice.</description>
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    <pubDate>Fri, 09 Feb 1951 00:00:00 +0530</pubDate>
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      <description>Section 79(3) of the Indian Companies Act permits court-directed calling, holding and conduct of a company meeting where compliance with the Articles or the Act is impracticable. Rival groups&#039; competing claims to board control, uncertainty over the validly appointed directors, pending litigation and the prospect of conflicting meetings and resolutions can make a valid meeting under the Articles impracticable. In those circumstances, a court-directed meeting may be used to resolve corporate deadlock, prevent continuing disputes and protect the company&#039;s business from prejudice.</description>
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      <pubDate>Fri, 09 Feb 1951 00:00:00 +0530</pubDate>
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