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    <title>1995 (5) TMI 212 - HIGH COURT OF CALCUTTA</title>
    <link>https://www.taxtmi.com/caselaws?id=102743</link>
    <description>A board meeting is not invalid merely because a specific agenda item was not listed, unless the company&#039;s articles require such notice; business may still be transacted if no objection is raised at the meeting. On the facts, discussion of the chairman&#039;s continuance and the revival package had already occurred, and the plaintiff&#039;s later complaint showed at most an irregularity, not illegality. The Court also noted that the company faced internal management deadlock and that the board was not shown to have acted outside its powers in expressing lack of confidence and appointing another chairman. Interim injunction was refused because it would improperly interfere with internal management and the relief sought was akin to specific performance.</description>
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    <pubDate>Mon, 08 May 1995 00:00:00 +0530</pubDate>
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      <title>1995 (5) TMI 212 - HIGH COURT OF CALCUTTA</title>
      <link>https://www.taxtmi.com/caselaws?id=102743</link>
      <description>A board meeting is not invalid merely because a specific agenda item was not listed, unless the company&#039;s articles require such notice; business may still be transacted if no objection is raised at the meeting. On the facts, discussion of the chairman&#039;s continuance and the revival package had already occurred, and the plaintiff&#039;s later complaint showed at most an irregularity, not illegality. The Court also noted that the company faced internal management deadlock and that the board was not shown to have acted outside its powers in expressing lack of confidence and appointing another chairman. Interim injunction was refused because it would improperly interfere with internal management and the relief sought was akin to specific performance.</description>
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      <pubDate>Mon, 08 May 1995 00:00:00 +0530</pubDate>
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