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    <title>1991 (7) TMI 286 - HIGH COURT OF BOMBAY</title>
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    <description>Rule 9 of the Companies (Court) Rules, 1959 provides ancillary procedural power and cannot create substantive jurisdiction to regulate a company meeting where the Companies Act, 1956 and the articles do not authorise intervention. A court cannot appoint an independent chairman or direct the conduct of a duly convened meeting contrary to the company&#039;s articles without express statutory authority. A request to disqualify directors from chairing future meetings requires a maintainable substantive claim, and interim relief must be connected to the main claim and capable of final grant. Appointment of a receiver over company records also requires substantiated grounds; unproved allegations of siphoning or fraud do not justify that remedy.</description>
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    <pubDate>Thu, 04 Jul 1991 00:00:00 +0530</pubDate>
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      <title>1991 (7) TMI 286 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=103119</link>
      <description>Rule 9 of the Companies (Court) Rules, 1959 provides ancillary procedural power and cannot create substantive jurisdiction to regulate a company meeting where the Companies Act, 1956 and the articles do not authorise intervention. A court cannot appoint an independent chairman or direct the conduct of a duly convened meeting contrary to the company&#039;s articles without express statutory authority. A request to disqualify directors from chairing future meetings requires a maintainable substantive claim, and interim relief must be connected to the main claim and capable of final grant. Appointment of a receiver over company records also requires substantiated grounds; unproved allegations of siphoning or fraud do not justify that remedy.</description>
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