https://www.taxtmi.com/caselaws?id=170893 The Company Law Board (CLB) declined to order the company to convene Annual General Meetings (AGMs) for the disputed years due to serious disputes and a pending civil suit. The CLB advised the applicant to seek directions after the civil court determines the AGMs' validity, emphasizing statutory compliance and shareholder communication. The CLB's jurisdiction under Section 167 of the Companies Act, 1956, is limited to directing AGM calling in default cases, not adjudicating AGM validity disputes. en-us Fri, 05 Oct 2007 00:00:00 +0530 Thu, 25 Jun 2015 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170893 The Company Law Board (CLB) declined to order the company to convene Annual General Meetings (AGMs) for the disputed years due to serious disputes and a pending civil suit. The CLB advised the applicant to seek directions after the civil court determines the AGMs' validity, emphasizing statutory compliance and shareholder communication. The CLB's jurisdiction under Section 167 of the Companies Act, 1956, is limited to directing AGM calling in default cases, not adjudicating AGM validity disputes. Case-Laws Companies Law Fri, 05 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170893