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    <title>2003 (4) TMI 434 - HIGH COURT OF DELHI</title>
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    <description>The court granted interim orders restraining the transfer of shares and voting rights, declared a Board resolution void due to fraudulent actions, and addressed the maintainability of the application under section 536. It highlighted concerns about fraudulent transactions involving the SK Modi Group and proposed separate counting of votes for disputed shares at the Annual General Meeting to assess their impact. Further directions were scheduled to resolve the disputes effectively and protect the interests of creditors.</description>
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    <pubDate>Thu, 10 Apr 2003 00:00:00 +0530</pubDate>
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      <description>The court granted interim orders restraining the transfer of shares and voting rights, declared a Board resolution void due to fraudulent actions, and addressed the maintainability of the application under section 536. It highlighted concerns about fraudulent transactions involving the SK Modi Group and proposed separate counting of votes for disputed shares at the Annual General Meeting to assess their impact. Further directions were scheduled to resolve the disputes effectively and protect the interests of creditors.</description>
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