https://www.taxtmi.com/caselaws?id=213363 The Company Law Board, Chennai Bench, declined to grant an interim order sought by the appellant to restrain removal as a Director in an Extraordinary General Meeting under the Companies Act. The Board found no exceptional grounds to interfere with its discretion and noted that the EGM's decision would be subject to the Company Petition's outcome. The Court directed the Board to expedite the main petition's decision, granting the appellant one week to file a rejoinder and instructing the Board to dispose of the main petition within two months. The appeal was disposed of, and a miscellaneous civil application was dismissed as unnecessary. en-us Fri, 17 Jun 2011 00:00:00 +0530 Mon, 09 Oct 2017 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213363 The Company Law Board, Chennai Bench, declined to grant an interim order sought by the appellant to restrain removal as a Director in an Extraordinary General Meeting under the Companies Act. The Board found no exceptional grounds to interfere with its discretion and noted that the EGM's decision would be subject to the Company Petition's outcome. The Court directed the Board to expedite the main petition's decision, granting the appellant one week to file a rejoinder and instructing the Board to dispose of the main petition within two months. The appeal was disposed of, and a miscellaneous civil application was dismissed as unnecessary. Case-Laws Companies Law Fri, 17 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213363