https://www.taxtmi.com/caselaws?id=198795 The Board found that the further issuance of shares without notifying the majority shareholder and without holding a general meeting was illegal and void under Article 9 of the Articles of Association. The shares were set aside, emphasizing the importance of following proper procedures in significant corporate actions. The judgment highlighted corporate governance principles, shareholder rights, and adherence to constitutional documents in business transactions. en-us Wed, 28 Jan 2004 00:00:00 +0530 Fri, 09 Feb 2018 10:21:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198795 The Board found that the further issuance of shares without notifying the majority shareholder and without holding a general meeting was illegal and void under Article 9 of the Articles of Association. The shares were set aside, emphasizing the importance of following proper procedures in significant corporate actions. The judgment highlighted corporate governance principles, shareholder rights, and adherence to constitutional documents in business transactions. Case-Laws Companies Law Wed, 28 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198795