https://www.taxtmi.com/caselaws?id=104569 The appellate court allowed the appeal, overturning the trial court's decision that it lacked jurisdiction to hear the civil suit related to a resolution passed at the company's AGM. The court held that post-amendment in 1995, section 111 of the Companies Act applies only to private limited companies, not the respondent company, a limited company. The judgment clarified the distinction between private and public limited companies under section 111, highlighting the limited remedies available to public limited companies regarding share allotment disputes. The trial court was directed to proceed with the suit and related applications in accordance with the law. en-us Tue, 17 Feb 1998 00:00:00 +0530 Wed, 29 Feb 2012 16:00:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104569 The appellate court allowed the appeal, overturning the trial court's decision that it lacked jurisdiction to hear the civil suit related to a resolution passed at the company's AGM. The court held that post-amendment in 1995, section 111 of the Companies Act applies only to private limited companies, not the respondent company, a limited company. The judgment clarified the distinction between private and public limited companies under section 111, highlighting the limited remedies available to public limited companies regarding share allotment disputes. The trial court was directed to proceed with the suit and related applications in accordance with the law. Case-Laws Companies Law Tue, 17 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104569