https://www.taxtmi.com/caselaws?id=393123 The Tribunal declared the EGM purportedly held on 27.07.2015 illegal and void as it did not comply with the Companies Act, 2013. Consequently, the removal of the petitioner and certain respondents from directorship, and the forfeiture of the petitioner's share were deemed illegal and null. The petitioner and certain respondents were reinstated as directors, and the petitioner as a shareholder. The 1st respondent company was directed to rectify the Board of Directors and the Register of Members, with a cost of Rs. 50,000 imposed on respondents R2 to R11 to be paid to the petitioner. The Registrar of Companies, Kerala, was to be informed of the decision. en-us Thu, 19 Dec 2019 00:00:00 +0530 Fri, 06 Mar 2020 12:01:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393123 The Tribunal declared the EGM purportedly held on 27.07.2015 illegal and void as it did not comply with the Companies Act, 2013. Consequently, the removal of the petitioner and certain respondents from directorship, and the forfeiture of the petitioner's share were deemed illegal and null. The petitioner and certain respondents were reinstated as directors, and the petitioner as a shareholder. The 1st respondent company was directed to rectify the Board of Directors and the Register of Members, with a cost of Rs. 50,000 imposed on respondents R2 to R11 to be paid to the petitioner. The Registrar of Companies, Kerala, was to be informed of the decision. Case-Laws Companies Law Thu, 19 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393123