https://www.taxtmi.com/caselaws?id=100176 The court dismissed the appeal and cross-objection, confirming the trial judge's decision that the resolution for issuing further shares was invalid under section 81(1A) of the Companies Act, 1956. The board of directors was instructed to convene a new annual general meeting in compliance with the law, excluding the increased share capital. Each party was responsible for its own costs. en-us Wed, 27 Jan 1982 00:00:00 +0530 Tue, 31 Jan 2012 14:50:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100176 The court dismissed the appeal and cross-objection, confirming the trial judge's decision that the resolution for issuing further shares was invalid under section 81(1A) of the Companies Act, 1956. The board of directors was instructed to convene a new annual general meeting in compliance with the law, excluding the increased share capital. Each party was responsible for its own costs. Case-Laws Companies Law Wed, 27 Jan 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100176