<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2010 (11) TMI 842 - COMPANY LAW BOARD, CHENNAI BENCH</title>
    <link>https://www.taxtmi.com/caselaws?id=126890</link>
    <description>The court found that the petitioner&#039;s unilateral actions, including withdrawing a personal guarantee, contributed to a deadlock and lack of trust between the parties. Despite some breaches of fiduciary duty by the respondents, the court directed a fair valuation of shares and allowed the petitioner to exit the company by selling shares to the respondents. Other reliefs sought by the petitioner were not granted, and interim orders were vacated. The case was scheduled for further directions on March 2, 2011.</description>
    <language>en-us</language>
    <pubDate>Mon, 15 Nov 2010 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 05 Feb 2013 11:58:45 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=163776" rel="self" type="application/rss+xml"/>
    <item>
      <title>2010 (11) TMI 842 - COMPANY LAW BOARD, CHENNAI BENCH</title>
      <link>https://www.taxtmi.com/caselaws?id=126890</link>
      <description>The court found that the petitioner&#039;s unilateral actions, including withdrawing a personal guarantee, contributed to a deadlock and lack of trust between the parties. Despite some breaches of fiduciary duty by the respondents, the court directed a fair valuation of shares and allowed the petitioner to exit the company by selling shares to the respondents. Other reliefs sought by the petitioner were not granted, and interim orders were vacated. The case was scheduled for further directions on March 2, 2011.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Mon, 15 Nov 2010 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=126890</guid>
    </item>
  </channel>
</rss>