https://www.taxtmi.com/caselaws?id=380035 Board resolutions are liable to be invalidated where a meeting is held without notice to a director, interested directors participate in decisions affecting their own interests, and share transfers do not comply with statutory transfer formalities. Those repeated breaches can justify relief for oppression and mismanagement, and interim prima facie observations do not bind the final merits determination. The challenge to the resolutions therefore failed, while the separate direction to prosecute the appellant was set aside. en-us Fri, 10 May 2019 00:00:00 +0530 Tue, 22 Jul 2025 16:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380035 Board resolutions are liable to be invalidated where a meeting is held without notice to a director, interested directors participate in decisions affecting their own interests, and share transfers do not comply with statutory transfer formalities. Those repeated breaches can justify relief for oppression and mismanagement, and interim prima facie observations do not bind the final merits determination. The challenge to the resolutions therefore failed, while the separate direction to prosecute the appellant was set aside. Case-Laws Companies Law Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380035