https://www.taxtmi.com/caselaws?id=126903 The application for injunction against convening the annual general meeting and operation of notice was dismissed by the Bench. The company was found to have complied with procedural requirements for the meeting and the relief sought by the petitioners was deemed invalid. However, the company was directed to withhold the declaration of dividend pending resolution of the case due to serious charges of illegal share allotments affecting petitioners' shareholding. The company was allowed to proceed with the annual general meeting while maintaining the dividend distribution on hold until the case's final resolution to ensure fairness for both parties. en-us Wed, 29 Sep 2010 00:00:00 +0530 Tue, 05 Feb 2013 15:59:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126903 The application for injunction against convening the annual general meeting and operation of notice was dismissed by the Bench. The company was found to have complied with procedural requirements for the meeting and the relief sought by the petitioners was deemed invalid. However, the company was directed to withhold the declaration of dividend pending resolution of the case due to serious charges of illegal share allotments affecting petitioners' shareholding. The company was allowed to proceed with the annual general meeting while maintaining the dividend distribution on hold until the case's final resolution to ensure fairness for both parties. Case-Laws Companies Law Wed, 29 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126903