https://www.taxtmi.com/caselaws?id=103186 The central question was whether the right of individual members to propose or move resolutions for election or removal of directors under sections 257 and 284 constitutes an enforceable individual membership right in ordinary civil courts or is exclusively within statutory company-law fora. The analysis held that those provisions regulate the procedural exercise of an inherent individual right and that nothing in the Act expressly or by necessary implication excludes civil-court jurisdiction. Remedies under provisions addressing oppressive conduct are distinct and not an exclusive remedy for every member. Outcome: a civil suit to enforce those individual membership rights is maintainable and the trial court's order upholding maintainability is affirmed. en-us Thu, 25 Nov 1993 00:00:00 +0530 Tue, 21 Feb 2012 13:03:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103186 The central question was whether the right of individual members to propose or move resolutions for election or removal of directors under sections 257 and 284 constitutes an enforceable individual membership right in ordinary civil courts or is exclusively within statutory company-law fora. The analysis held that those provisions regulate the procedural exercise of an inherent individual right and that nothing in the Act expressly or by necessary implication excludes civil-court jurisdiction. Remedies under provisions addressing oppressive conduct are distinct and not an exclusive remedy for every member. Outcome: a civil suit to enforce those individual membership rights is maintainable and the trial court's order upholding maintainability is affirmed. Case-Laws Companies Law Thu, 25 Nov 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103186