https://www.taxtmi.com/caselaws?id=102745 The court dismissed the plaintiffs' applications for injunctions and allowed the implementation of Resolution Nos. 10, 11, and 12. The court found that the resolutions were passed with overwhelming shareholder support, complied with statutory and regulatory guidelines, and there was no legal impediment to their implementation. The objections raised by the plaintiffs were found to be unsubstantiated and motivated by personal interests. The court permitted the applicant-company to implement the resolutions as prayed for. en-us Tue, 16 May 1995 00:00:00 +0530 Wed, 15 Feb 2012 18:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102745 The court dismissed the plaintiffs' applications for injunctions and allowed the implementation of Resolution Nos. 10, 11, and 12. The court found that the resolutions were passed with overwhelming shareholder support, complied with statutory and regulatory guidelines, and there was no legal impediment to their implementation. The objections raised by the plaintiffs were found to be unsubstantiated and motivated by personal interests. The court permitted the applicant-company to implement the resolutions as prayed for. Case-Laws Companies Law Tue, 16 May 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102745