https://www.taxtmi.com/caselaws?id=198933 The Board concluded that the petitioner held 2,000 shares individually and 2,000 shares jointly with the respondent as of 30.9.1996. It invalidated the appointment of Shri Bhushan Ahuja and the petitioner's cessation as a director. The petitioner was given the option to convene a general body meeting with a single shareholder constituting a valid quorum or have the respondent transfer his interest in the joint holding for fair consideration determined by an independent valuer. The petitions were disposed of with these directions. en-us Mon, 31 Jan 2000 00:00:00 +0530 Tue, 13 Feb 2018 18:13:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198933 The Board concluded that the petitioner held 2,000 shares individually and 2,000 shares jointly with the respondent as of 30.9.1996. It invalidated the appointment of Shri Bhushan Ahuja and the petitioner's cessation as a director. The petitioner was given the option to convene a general body meeting with a single shareholder constituting a valid quorum or have the respondent transfer his interest in the joint holding for fair consideration determined by an independent valuer. The petitions were disposed of with these directions. Case-Laws Companies Law Mon, 31 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198933