https://www.taxtmi.com/caselaws?id=112101 The SC dismissed the main appeal, upholding the HC judgment that notices and statutory advertisements for the AGM and rights issue were valid and that the CLB erred in setting aside the election of certain directors for want of notice. The Court held petitioners failed to establish oppression or unfair prejudice under sections 397/398, noting entitlement to participate in the rights issue and the company's legitimate funding need. Given the HC's balanced protection of directors' and shareholders' interests, the SC declined to interfere under Article 136. en-us Thu, 21 Feb 2008 00:00:00 +0530 Wed, 10 Sep 2025 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112101 The SC dismissed the main appeal, upholding the HC judgment that notices and statutory advertisements for the AGM and rights issue were valid and that the CLB erred in setting aside the election of certain directors for want of notice. The Court held petitioners failed to establish oppression or unfair prejudice under sections 397/398, noting entitlement to participate in the rights issue and the company's legitimate funding need. Given the HC's balanced protection of directors' and shareholders' interests, the SC declined to interfere under Article 136. Case-Laws Companies Law Thu, 21 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112101