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    <title>2012 (9) TMI 422 - CALCUTTA HIGH COURT</title>
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    <description>Outcome: The court upheld the learned Single Judge&#039;s decision, dismissing Ajit&#039;s appeals. The court emphasized that Ajit could not be substituted in the Section 397 proceedings initiated by Amita Sen as he was not recognized as a shareholder. The court directed that the judgment&#039;s observations should not affect Ajit&#039;s pending suit before the Company Law Board. An urgent Xerox certified copy of the judgment was ordered to be provided to the parties.</description>
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    <pubDate>Mon, 06 Aug 2012 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=216614</link>
      <description>Outcome: The court upheld the learned Single Judge&#039;s decision, dismissing Ajit&#039;s appeals. The court emphasized that Ajit could not be substituted in the Section 397 proceedings initiated by Amita Sen as he was not recognized as a shareholder. The court directed that the judgment&#039;s observations should not affect Ajit&#039;s pending suit before the Company Law Board. An urgent Xerox certified copy of the judgment was ordered to be provided to the parties.</description>
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