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    <title>2007 (6) TMI 556 - Company Law Board</title>
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    <description>The Court found in favor of the petitioners, directing respondents to restore siphoned funds, appoint an independent auditor, declare the appointment of a director null and void, restore the previous director, and allow parties to apply for any implementation difficulties. The Company Petition was allowed, interim orders vacated, and all related matters disposed of with no costs awarded.</description>
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      <description>The Court found in favor of the petitioners, directing respondents to restore siphoned funds, appoint an independent auditor, declare the appointment of a director null and void, restore the previous director, and allow parties to apply for any implementation difficulties. The Company Petition was allowed, interim orders vacated, and all related matters disposed of with no costs awarded.</description>
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