https://www.taxtmi.com/caselaws?id=97732 Defendants cannot successfully assert lack of authority to sue as a defence where the articles vest power to institute litigation in the board and the defendants have not proved absence of an authorising resolution; the objection ordinarily requires an interlocutory application and mere allegation is insufficient. Shareholders may not, by ordinary general meeting, usurp management powers conferred by the articles or effect removals or alterations of management without following the statutory procedure or amending the articles; convening a meeting to oust directors or indirectly alter management prerogatives is impermissible and a meeting to decide continuance of the suit must not be used as such a device. en-us Mon, 01 Aug 1960 00:00:00 +0530 Tue, 17 Jan 2012 17:59:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97732 Defendants cannot successfully assert lack of authority to sue as a defence where the articles vest power to institute litigation in the board and the defendants have not proved absence of an authorising resolution; the objection ordinarily requires an interlocutory application and mere allegation is insufficient. Shareholders may not, by ordinary general meeting, usurp management powers conferred by the articles or effect removals or alterations of management without following the statutory procedure or amending the articles; convening a meeting to oust directors or indirectly alter management prerogatives is impermissible and a meeting to decide continuance of the suit must not be used as such a device. Case-Laws Companies Law Mon, 01 Aug 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97732