https://www.taxtmi.com/caselaws?id=97420 The court dismissed the application under Section 186 of the Companies Act, 1956, as it found no impracticability in calling or conducting the meeting as required by the Act or the company's articles. Emphasizing judicial discretion and minimal intervention in company management, the court highlighted the importance of self-governance and prudent business judgment, cautioning against unnecessary judicial involvement in internal disputes. The application was rejected with costs, reinforcing the principle that the court should not intervene in every director or shareholder rivalry. en-us Mon, 09 Jul 1956 00:00:00 +0530 Mon, 16 Jan 2012 16:07:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97420 The court dismissed the application under Section 186 of the Companies Act, 1956, as it found no impracticability in calling or conducting the meeting as required by the Act or the company's articles. Emphasizing judicial discretion and minimal intervention in company management, the court highlighted the importance of self-governance and prudent business judgment, cautioning against unnecessary judicial involvement in internal disputes. The application was rejected with costs, reinforcing the principle that the court should not intervene in every director or shareholder rivalry. Case-Laws Companies Law Mon, 09 Jul 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97420