https://www.taxtmi.com/caselaws?id=367873 Majority shareholders' power to convene an extraordinary general meeting and remove directors under the Companies Act prevails over conflicting provisions in the articles of association. A permanent injunction cannot restrain the holding of an EGM convened to consider directors' removal. Non-rotational director status under the articles remains subject to the Companies Act, and the articles cannot override statutory removal rights. A shortfall in the asserted notice period does not justify injunctive relief against the EGM where majority shareholders are entitled to call it. Reasons for removal may be communicated during the EGM rather than beforehand. en-us Mon, 24 Sep 2018 00:00:00 +0530 Thu, 27 Sep 2018 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367873 Majority shareholders' power to convene an extraordinary general meeting and remove directors under the Companies Act prevails over conflicting provisions in the articles of association. A permanent injunction cannot restrain the holding of an EGM convened to consider directors' removal. Non-rotational director status under the articles remains subject to the Companies Act, and the articles cannot override statutory removal rights. A shortfall in the asserted notice period does not justify injunctive relief against the EGM where majority shareholders are entitled to call it. Reasons for removal may be communicated during the EGM rather than beforehand. Case-Laws Companies Law Mon, 24 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367873