https://www.taxtmi.com/caselaws?id=199229 The court dismissed the application seeking to restrain the Company from convening the proposed Extraordinary General Meeting (EGM). It held that the requisitionist had the right to call for the EGM, as per statutory provisions, and the Company had complied with the necessary procedures. The Applicant's claim of a legitimate expectation to be part of the management was not upheld, emphasizing the democratic rights of shareholders to call and hold EGMs. The court found that the Applicant's actions, including filing multiple complaints, did not justify preventing the EGM. Consequently, the application was dismissed, and no costs were awarded. en-us Thu, 16 May 2013 00:00:00 +0530 Fri, 23 Feb 2018 14:14:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199229 The court dismissed the application seeking to restrain the Company from convening the proposed Extraordinary General Meeting (EGM). It held that the requisitionist had the right to call for the EGM, as per statutory provisions, and the Company had complied with the necessary procedures. The Applicant's claim of a legitimate expectation to be part of the management was not upheld, emphasizing the democratic rights of shareholders to call and hold EGMs. The court found that the Applicant's actions, including filing multiple complaints, did not justify preventing the EGM. Consequently, the application was dismissed, and no costs were awarded. Case-Laws Companies Law Thu, 16 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199229