https://www.taxtmi.com/caselaws?id=199451 The Company Law Board found that the removal of directors was improper as the respondents had fabricated records to remove the petitioners. Additionally, the allotment of 180 shares to the respondents was declared null and void due to lack of proper notice and a quorum. The Board directed the company to rectify the register of members, refund the money invested by the allottees, and provide proper notice to the petitioners for future meetings. The allegations of financial mismanagement by both parties were not further investigated. en-us Mon, 17 Apr 2000 00:00:00 +0530 Wed, 28 Feb 2018 18:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199451 The Company Law Board found that the removal of directors was improper as the respondents had fabricated records to remove the petitioners. Additionally, the allotment of 180 shares to the respondents was declared null and void due to lack of proper notice and a quorum. The Board directed the company to rectify the register of members, refund the money invested by the allottees, and provide proper notice to the petitioners for future meetings. The allegations of financial mismanagement by both parties were not further investigated. Case-Laws Companies Law Mon, 17 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199451