https://www.taxtmi.com/caselaws?id=194146 The court dismissed the suit, ruling in favor of the defendants. The plaintiff was ordered to pay half of the taxed costs to the appearing defendants, and the case was certified for two counsel. The court found various claims regarding ownership of shares, validity of appointments and transactions, and claims for damages to be unsubstantiated. The court upheld the legality of appointments, agreements, and transactions, emphasizing that statutory requirements for notices are directory and can be waived by shareholders. The court also found no evidence of loss or damage suffered by the company. en-us Fri, 20 Nov 1970 00:00:00 +0530 Wed, 30 Aug 2017 12:49:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194146 The court dismissed the suit, ruling in favor of the defendants. The plaintiff was ordered to pay half of the taxed costs to the appearing defendants, and the case was certified for two counsel. The court found various claims regarding ownership of shares, validity of appointments and transactions, and claims for damages to be unsubstantiated. The court upheld the legality of appointments, agreements, and transactions, emphasizing that statutory requirements for notices are directory and can be waived by shareholders. The court also found no evidence of loss or damage suffered by the company. Case-Laws Indian Laws Fri, 20 Nov 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194146