https://www.taxtmi.com/caselaws?id=199602 A disputed family arrangement restricting management participation and voting rights was not shown to be prima facie enforceable, because no written instrument embodied it and the correspondence and conduct did not establish acceptance or implementation. The court also held that a board resolution passed in the ordinary course of corporate administration could not be restrained by temporary or mandatory injunction where it was supported by the company's articles and the statutory framework. In summary proceedings, civil court intervention was inappropriate, particularly when grievances concerning internal management could be pursued through oppression and mismanagement remedies. The requested ad interim injunctions were therefore refused. en-us Wed, 24 Dec 1975 00:00:00 +0530 Wed, 07 Mar 2018 15:34:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199602 A disputed family arrangement restricting management participation and voting rights was not shown to be prima facie enforceable, because no written instrument embodied it and the correspondence and conduct did not establish acceptance or implementation. The court also held that a board resolution passed in the ordinary course of corporate administration could not be restrained by temporary or mandatory injunction where it was supported by the company's articles and the statutory framework. In summary proceedings, civil court intervention was inappropriate, particularly when grievances concerning internal management could be pursued through oppression and mismanagement remedies. The requested ad interim injunctions were therefore refused. Case-Laws Indian Laws Wed, 24 Dec 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199602