https://www.taxtmi.com/caselaws?id=107007 The judgment upheld the validity of the transfer of CGL's shares to Bharti in compliance with the Joint Venture Agreement (JVA). It found that the transfer did not violate Sky Cell's articles of association and that restrictions on share transfers must be in the articles to be binding. The court dismissed Satwant Singh's claims of legal standing and actions, appointing a neutral Chairman to manage Sky Cell and maintain compliance with the JVA. Interim reliefs sought by parties were denied to preserve the balance of power among shareholders and ensure proper management during pending suits or arbitration. en-us Tue, 27 Mar 2001 00:00:00 +0530 Fri, 16 Mar 2012 19:10:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107007 The judgment upheld the validity of the transfer of CGL's shares to Bharti in compliance with the Joint Venture Agreement (JVA). It found that the transfer did not violate Sky Cell's articles of association and that restrictions on share transfers must be in the articles to be binding. The court dismissed Satwant Singh's claims of legal standing and actions, appointing a neutral Chairman to manage Sky Cell and maintain compliance with the JVA. Interim reliefs sought by parties were denied to preserve the balance of power among shareholders and ensure proper management during pending suits or arbitration. Case-Laws Companies Law Tue, 27 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107007