https://www.taxtmi.com/caselaws?id=102341 The court allowed the petition in part, ruling in favor of the petitioner by reinstating them as a whole-time director, affirming the principles of partnership, and ordering the transfer of shares to maintain parity between the parties. The court declared the extraordinary general meeting invalid, preventing the ousting of the petitioner, and directed the amendment of the company's articles of association to reflect equal participation. Winding up the company was deemed unnecessary, with the court providing detailed directions to address grievances and ensure smooth operation without issuing a permanent injunction. Each party was directed to bear their own costs. en-us Thu, 17 Sep 1992 00:00:00 +0530 Tue, 14 Feb 2012 15:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102341 The court allowed the petition in part, ruling in favor of the petitioner by reinstating them as a whole-time director, affirming the principles of partnership, and ordering the transfer of shares to maintain parity between the parties. The court declared the extraordinary general meeting invalid, preventing the ousting of the petitioner, and directed the amendment of the company's articles of association to reflect equal participation. Winding up the company was deemed unnecessary, with the court providing detailed directions to address grievances and ensure smooth operation without issuing a permanent injunction. Each party was directed to bear their own costs. Case-Laws Companies Law Thu, 17 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102341