https://www.taxtmi.com/caselaws?id=198825 The court found the increase in authorized share capital and allotment of shares to be illegal and void due to violations of the Companies Act. It directed the company to deliver share certificates, ensure proper communication of notices and financial information, and emphasized proportional representation in the board of directors for effective management. en-us Fri, 18 Aug 2006 00:00:00 +0530 Fri, 09 Feb 2018 18:40:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198825 The court found the increase in authorized share capital and allotment of shares to be illegal and void due to violations of the Companies Act. It directed the company to deliver share certificates, ensure proper communication of notices and financial information, and emphasized proportional representation in the board of directors for effective management. Case-Laws Companies Law Fri, 18 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198825