https://www.taxtmi.com/caselaws?id=198666 The court declared the impugned allotment of shares and the appointment of the third and fourth respondents as directors null and void. It also restored the first and second petitioners as directors and ordered the refund of the consideration paid for the cancelled shares. The court stipulated that the petitioners should not exclude the second respondent from management and that bank accounts should be operated jointly. The petition was disposed of in these terms. en-us Fri, 22 May 2009 00:00:00 +0530 Wed, 07 Feb 2018 09:41:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198666 The court declared the impugned allotment of shares and the appointment of the third and fourth respondents as directors null and void. It also restored the first and second petitioners as directors and ordered the refund of the consideration paid for the cancelled shares. The court stipulated that the petitioners should not exclude the second respondent from management and that bank accounts should be operated jointly. The petition was disposed of in these terms. Case-Laws Companies Law Fri, 22 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198666