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    <title>1995 (12) TMI 333 - HIGH COURT OF MADRAS</title>
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    <description>The court granted an interim injunction restraining the annual general body meeting of the company due to irregularities in the rejection of a directorship nomination. The appellant&#039;s rejection of the nomination was deemed unjust as it did not comply with the Companies Act provisions. The court clarified that internal company rules cannot impose additional time constraints on the nomination process. The respondent was instructed to adhere to statutory requirements for future candidature consideration. The appeal was dismissed, emphasizing compliance with statutory provisions for upcoming proceedings.</description>
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    <pubDate>Wed, 20 Dec 1995 00:00:00 +0530</pubDate>
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      <title>1995 (12) TMI 333 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=106253</link>
      <description>The court granted an interim injunction restraining the annual general body meeting of the company due to irregularities in the rejection of a directorship nomination. The appellant&#039;s rejection of the nomination was deemed unjust as it did not comply with the Companies Act provisions. The court clarified that internal company rules cannot impose additional time constraints on the nomination process. The respondent was instructed to adhere to statutory requirements for future candidature consideration. The appeal was dismissed, emphasizing compliance with statutory provisions for upcoming proceedings.</description>
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      <pubDate>Wed, 20 Dec 1995 00:00:00 +0530</pubDate>
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