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    <title>2005 (7) TMI 356 - HIGH COURT OF DELHI</title>
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    <description>Article 24 of the Articles of Association required office bearers and executive committee members to retire at each AGM while remaining eligible for re-election. A proposed amendment would have imposed a one-year gap after two consecutive years of service. As more than 75% of members present at the EGM rejected the proposal, retention of the existing provision prevailed. The proposed tenure restriction was not considered an effective remedy for alleged election-related mala fides, oppression, or mismanagement. Earlier interventions addressed membership disputes, election conduct, and management concerns; an interim Board was therefore unnecessary. Minority members could pursue remedies for continuing oppression or mismanagement under the Companies Act.</description>
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      <link>https://www.taxtmi.com/caselaws?id=110100</link>
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