https://www.taxtmi.com/caselaws?id=371065 The appeals were dismissed, affirming that the High Court of Madras lacked territorial jurisdiction to entertain the suit. The dispute primarily involved shareholders of a Dubai company regarding beneficial interest in shares, which should be resolved in Dubai. The court upheld the applicability of Sections 89 and 187C of the Companies Act, barring the suit due to non-compliance with statutory requirements. en-us Mon, 26 Nov 2018 00:00:00 +0530 Fri, 11 Nov 2022 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371065 The appeals were dismissed, affirming that the High Court of Madras lacked territorial jurisdiction to entertain the suit. The dispute primarily involved shareholders of a Dubai company regarding beneficial interest in shares, which should be resolved in Dubai. The court upheld the applicability of Sections 89 and 187C of the Companies Act, barring the suit due to non-compliance with statutory requirements. Case-Laws Companies Law Mon, 26 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371065