https://www.taxtmi.com/caselaws?id=103256 The court dismissed the plaintiffs' applications for injunctions and allowed the defendant company to implement Resolutions Nos. 10, 11, and 12. The court found that the resolutions were passed with overwhelming shareholder support, complied with legal and regulatory requirements, and were not detrimental to minority shareholders. The court also dismissed the application to keep the funds for the beer project in a separate account, finding no basis for such a requirement. en-us Tue, 16 May 1995 00:00:00 +0530 Tue, 21 Feb 2012 18:04:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103256 The court dismissed the plaintiffs' applications for injunctions and allowed the defendant company to implement Resolutions Nos. 10, 11, and 12. The court found that the resolutions were passed with overwhelming shareholder support, complied with legal and regulatory requirements, and were not detrimental to minority shareholders. The court also dismissed the application to keep the funds for the beer project in a separate account, finding no basis for such a requirement. Case-Laws Companies Law Tue, 16 May 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103256