https://www.taxtmi.com/caselaws?id=99815 The court affirmed the power of the judge to call a general meeting of shareholders to elect the board under section 391 of the Companies Act. It upheld the interim order directing the election of an interim board of directors but required a reassessment due to subsequent developments. Emphasizing the court's authority under section 392, it clarified that the Company Law Board's competency did not diminish. The court remitted the matter to the judge for reconsideration in light of evolving circumstances, concluding that the judge could call a meeting if deemed necessary for the scheme's proper implementation. en-us Fri, 14 Mar 1980 00:00:00 +0530 Mon, 30 Jan 2012 12:12:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99815 The court affirmed the power of the judge to call a general meeting of shareholders to elect the board under section 391 of the Companies Act. It upheld the interim order directing the election of an interim board of directors but required a reassessment due to subsequent developments. Emphasizing the court's authority under section 392, it clarified that the Company Law Board's competency did not diminish. The court remitted the matter to the judge for reconsideration in light of evolving circumstances, concluding that the judge could call a meeting if deemed necessary for the scheme's proper implementation. Case-Laws Companies Law Fri, 14 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99815