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    <title>2001 (12) TMI 807 - HIGH COURT OF KARNATAKA</title>
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    <description>The appellate court set aside the trial court&#039;s decision, ruling that Section 171(1) of the Companies Act, 1956 is directory, not mandatory. The court emphasized that the plaintiff failed to demonstrate prejudice from the shorter notice period or the early meeting time. The appellate court held that substantial compliance suffices and overturned the trial court&#039;s injunction, highlighting the absence of a prima facie case of harm.</description>
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      <link>https://www.taxtmi.com/caselaws?id=106563</link>
      <description>The appellate court set aside the trial court&#039;s decision, ruling that Section 171(1) of the Companies Act, 1956 is directory, not mandatory. The court emphasized that the plaintiff failed to demonstrate prejudice from the shorter notice period or the early meeting time. The appellate court held that substantial compliance suffices and overturned the trial court&#039;s injunction, highlighting the absence of a prima facie case of harm.</description>
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