https://www.taxtmi.com/caselaws?id=113180 The court dismissed GA No. 938 of 2010 and GA No. 2768 of 2010, vacating all interim orders without costs. The plaintiffs' allegations of improper motive, extortion, and unjust requests by the defendants were not upheld. The court emphasized the discretionary power under section 163(6) of the Companies Act, highlighting that shareholders' rights to obtain records can be subject to equitable considerations. The judgment focused on the dismissal of the plaintiffs' applications and restoration of the defendants' rights to access records without any cost implications. en-us Tue, 14 Sep 2010 00:00:00 +0530 Wed, 24 Sep 2014 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113180 The court dismissed GA No. 938 of 2010 and GA No. 2768 of 2010, vacating all interim orders without costs. The plaintiffs' allegations of improper motive, extortion, and unjust requests by the defendants were not upheld. The court emphasized the discretionary power under section 163(6) of the Companies Act, highlighting that shareholders' rights to obtain records can be subject to equitable considerations. The judgment focused on the dismissal of the plaintiffs' applications and restoration of the defendants' rights to access records without any cost implications. Case-Laws Companies Law Tue, 14 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113180