https://www.taxtmi.com/caselaws?id=126883 The court held that the company in question is a public company with freely transferable shares. Pre-emption clauses in the company's articles were deemed invalid as they conflicted with statutory provisions. The petitioners, seeking board positions and enforcement of Article 57, were denied relief as director appointments are at the discretion of the General Body. The petition alleging oppression and mismanagement was dismissed, and interim orders were vacated. en-us Fri, 14 May 2010 00:00:00 +0530 Fri, 08 Feb 2013 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126883 The court held that the company in question is a public company with freely transferable shares. Pre-emption clauses in the company's articles were deemed invalid as they conflicted with statutory provisions. The petitioners, seeking board positions and enforcement of Article 57, were denied relief as director appointments are at the discretion of the General Body. The petition alleging oppression and mismanagement was dismissed, and interim orders were vacated. Case-Laws Companies Law Fri, 14 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126883