https://www.taxtmi.com/caselaws?id=103357 The court allowed the appeal, setting aside the Company Law Board's order for the Madras Race Club to hold annual general meetings from 1986 to 1995. The court considered the club's compliance with statutory obligations reasonable, given the circumstances of a court-appointed management committee overseeing the club's affairs. It was noted that the newly elected management committee had already conducted an annual general meeting for 1996. The respondent did not pursue the matter further after the meeting's completion and approval of accounts. en-us Fri, 15 Nov 1996 00:00:00 +0530 Wed, 22 Feb 2012 14:58:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103357 The court allowed the appeal, setting aside the Company Law Board's order for the Madras Race Club to hold annual general meetings from 1986 to 1995. The court considered the club's compliance with statutory obligations reasonable, given the circumstances of a court-appointed management committee overseeing the club's affairs. It was noted that the newly elected management committee had already conducted an annual general meeting for 1996. The respondent did not pursue the matter further after the meeting's completion and approval of accounts. Case-Laws Companies Law Fri, 15 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103357