https://www.taxtmi.com/caselaws?id=194390 The High Court upheld the decisions of the Company Law Board and the learned Single Judge, affirming the dismissal of the petitioner's application under Sections 397 and 398 of the Companies Act. The court ruled that the petitioner did not meet the criteria of holding one-tenth of the total issued share capital of the respondent company, rendering the application not maintainable. The special leave petition was also dismissed, advising the petitioner to seek alternative legal remedies. en-us Mon, 30 Sep 2013 00:00:00 +0530 Wed, 06 Sep 2017 18:11:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194390 The High Court upheld the decisions of the Company Law Board and the learned Single Judge, affirming the dismissal of the petitioner's application under Sections 397 and 398 of the Companies Act. The court ruled that the petitioner did not meet the criteria of holding one-tenth of the total issued share capital of the respondent company, rendering the application not maintainable. The special leave petition was also dismissed, advising the petitioner to seek alternative legal remedies. Case-Laws Companies Law Mon, 30 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194390