https://www.taxtmi.com/caselaws?id=220201 The Company Law Board dismissed the petition seeking directions for a general meeting of shareholders and validity of resolutions passed in an EOGM. The Board held that while it has power under Section 186 of the Companies Act, 1956, it would not be just to allow the petition due to pending civil suits, non-compliance with statutory provisions, and potential encroachment on High Court jurisdiction. The Board emphasized the importance of respecting ongoing legal processes and did not award costs. en-us Fri, 27 Jul 2012 00:00:00 +0530 Wed, 13 Feb 2013 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220201 The Company Law Board dismissed the petition seeking directions for a general meeting of shareholders and validity of resolutions passed in an EOGM. The Board held that while it has power under Section 186 of the Companies Act, 1956, it would not be just to allow the petition due to pending civil suits, non-compliance with statutory provisions, and potential encroachment on High Court jurisdiction. The Board emphasized the importance of respecting ongoing legal processes and did not award costs. Case-Laws Companies Law Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220201