https://www.taxtmi.com/caselaws?id=193566 The court declared the resolutions removing the petitioners as directors null and void, restoring them to their positions. It directed cooperation between the parties, revaluation, and sale of the property at a fair price, with proceeds distributed based on shareholding after settling liabilities. The court emphasized cooperation for company functioning, upheld the petitioners' board representation rights, and provided a structured solution for property division and business continuation. en-us Tue, 26 Aug 2014 00:00:00 +0530 Mon, 07 Aug 2017 11:20:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193566 The court declared the resolutions removing the petitioners as directors null and void, restoring them to their positions. It directed cooperation between the parties, revaluation, and sale of the property at a fair price, with proceeds distributed based on shareholding after settling liabilities. The court emphasized cooperation for company functioning, upheld the petitioners' board representation rights, and provided a structured solution for property division and business continuation. Case-Laws Companies Law Tue, 26 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193566