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    <title>2009 (7) TMI 768 - Supreme Court</title>
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    <description>The Supreme Court upheld the Division Bench&#039;s decision that Hotel Queen Road had converted into a public company, entitling Hillcrest Realty to voting rights as a preference shareholder due to non-payment of dividends. The Court dismissed the Special Leave Petitions by both parties and urged the High Court to promptly resolve the management uncertainty of Hotel Queen Road, emphasizing that the observations made were preliminary and should not impact the final decision in the suits.</description>
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      <description>The Supreme Court upheld the Division Bench&#039;s decision that Hotel Queen Road had converted into a public company, entitling Hillcrest Realty to voting rights as a preference shareholder due to non-payment of dividends. The Court dismissed the Special Leave Petitions by both parties and urged the High Court to promptly resolve the management uncertainty of Hotel Queen Road, emphasizing that the observations made were preliminary and should not impact the final decision in the suits.</description>
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