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    <title>2003 (5) TMI 360 - HIGH COURT OF DELHI</title>
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    <description>Corporate control arrangements limiting majority power were construed strictly, and the plaintiffs&#039; claim to an entrenched right to remain directors was not made out at the interim stage. Alleged defects in notice, quorum and minutes of earlier board meetings did not, on the materials then available, displace the prima facie presumption of validity attached to regularly kept corporate records, so earlier resolutions and appointments were left undisturbed. By contrast, the alleged board meeting of 5-11-2002 was treated as invalid because the circumstances showed irregular convening and no proper notice or participation by the plaintiffs, making its purported decisions void. Civil court jurisdiction was held maintainable where individual membership and contractual rights were said to be infringed.</description>
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    <pubDate>Wed, 14 May 2003 00:00:00 +0530</pubDate>
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      <title>2003 (5) TMI 360 - HIGH COURT OF DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=108200</link>
      <description>Corporate control arrangements limiting majority power were construed strictly, and the plaintiffs&#039; claim to an entrenched right to remain directors was not made out at the interim stage. Alleged defects in notice, quorum and minutes of earlier board meetings did not, on the materials then available, displace the prima facie presumption of validity attached to regularly kept corporate records, so earlier resolutions and appointments were left undisturbed. By contrast, the alleged board meeting of 5-11-2002 was treated as invalid because the circumstances showed irregular convening and no proper notice or participation by the plaintiffs, making its purported decisions void. Civil court jurisdiction was held maintainable where individual membership and contractual rights were said to be infringed.</description>
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      <pubDate>Wed, 14 May 2003 00:00:00 +0530</pubDate>
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