https://www.taxtmi.com/caselaws?id=196053 The Company Law Board found that Group A was obligated to purchase shares from Group B as directed in a previous order, but no decision was made regarding the refund of application money. Respondents were instructed to exchange statutory records by a specified date. The request for Group A to buy shares from the 2nd respondent and refund application money was denied. The 2nd respondent was affirmed as a director despite non-attendance at meetings during the appeal process. The applications were resolved with these directives and clarifications. en-us Mon, 08 May 2000 00:00:00 +0530 Sat, 18 Nov 2017 11:31:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196053 The Company Law Board found that Group A was obligated to purchase shares from Group B as directed in a previous order, but no decision was made regarding the refund of application money. Respondents were instructed to exchange statutory records by a specified date. The request for Group A to buy shares from the 2nd respondent and refund application money was denied. The 2nd respondent was affirmed as a director despite non-attendance at meetings during the appeal process. The applications were resolved with these directives and clarifications. Case-Laws Companies Law Mon, 08 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196053