https://www.taxtmi.com/caselaws?id=275705 A petition under Sections 397 and 398 was held not maintainable because the petitioners failed to show valid, informed consent in writing from the requisite number of members under Section 399 at the time of filing. Several consents were excluded as invalid, including those from non-members, later inductees, duplicate or unsigned forms, disputed denials, and signatures not shown to be authorised. The remaining sheets, apart from the first, did not show that the signatories had applied their minds to the proposed petition or reliefs sought. Bare signatures on unexplained sheets were insufficient to satisfy the statutory support requirement. en-us Tue, 04 Mar 2008 00:00:00 +0530 Sat, 13 Oct 2018 10:34:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275705 A petition under Sections 397 and 398 was held not maintainable because the petitioners failed to show valid, informed consent in writing from the requisite number of members under Section 399 at the time of filing. Several consents were excluded as invalid, including those from non-members, later inductees, duplicate or unsigned forms, disputed denials, and signatures not shown to be authorised. The remaining sheets, apart from the first, did not show that the signatories had applied their minds to the proposed petition or reliefs sought. Bare signatures on unexplained sheets were insufficient to satisfy the statutory support requirement. Case-Laws Companies Law Tue, 04 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275705