https://www.taxtmi.com/caselaws?id=369052 The Tribunal allowed the Company Petition, setting aside the transfers of shares and resolutions passed by the illegally constituted Board. The original Petitioner was restored as Managing Director, and filings made by the Respondents with the ROC were declared null and void. The Tribunal directed the Registrar of Companies to check the Company records and take necessary action. The appeal was dismissed, with each Appellant ordered to pay costs of Rs. 50,000/- to the original Petitioner. en-us Fri, 07 Sep 2018 00:00:00 +0530 Sat, 20 Oct 2018 09:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369052 The Tribunal allowed the Company Petition, setting aside the transfers of shares and resolutions passed by the illegally constituted Board. The original Petitioner was restored as Managing Director, and filings made by the Respondents with the ROC were declared null and void. The Tribunal directed the Registrar of Companies to check the Company records and take necessary action. The appeal was dismissed, with each Appellant ordered to pay costs of Rs. 50,000/- to the original Petitioner. Case-Laws Companies Law Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369052