https://www.taxtmi.com/caselaws?id=196051 The Board concluded that the company operated as a quasi-partnership, affirming the petitioners' legitimate expectation of board representation. The respondents were directed to either appoint a petitioner representative as a working director or purchase the petitioners' shares at a fair value determined by an independent valuer within 15 days. The petition was disposed of with the option for parties to seek an independent valuer if necessary. en-us Wed, 05 Dec 2001 00:00:00 +0530 Sat, 18 Nov 2017 11:09:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196051 The Board concluded that the company operated as a quasi-partnership, affirming the petitioners' legitimate expectation of board representation. The respondents were directed to either appoint a petitioner representative as a working director or purchase the petitioners' shares at a fair value determined by an independent valuer within 15 days. The petition was disposed of with the option for parties to seek an independent valuer if necessary. Case-Laws Companies Law Wed, 05 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196051