https://www.taxtmi.com/caselaws?id=287359 Failure to give fair and proper notice of board and general meetings to affected shareholders, and their exclusion from a transaction requiring shareholder approval, vitiated the impugned corporate actions. The Tribunal treated the meetings of 02.11.2010, 10.12.2010 and the EGM of 17.03.2011 as invalid, with the consequential agreement to sell of 30.03.2011 declared non est. It also upheld corrective governance measures, including joint operation of bank accounts, invalidation of the registered office change, and directions to complete annual accounts, comply with audit and ROC requirements, furnish accounts to shareholders, and serve future meeting notices on the petitioners. en-us Tue, 20 Dec 2016 00:00:00 +0530 Sat, 11 Apr 2020 10:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287359 Failure to give fair and proper notice of board and general meetings to affected shareholders, and their exclusion from a transaction requiring shareholder approval, vitiated the impugned corporate actions. The Tribunal treated the meetings of 02.11.2010, 10.12.2010 and the EGM of 17.03.2011 as invalid, with the consequential agreement to sell of 30.03.2011 declared non est. It also upheld corrective governance measures, including joint operation of bank accounts, invalidation of the registered office change, and directions to complete annual accounts, comply with audit and ROC requirements, furnish accounts to shareholders, and serve future meeting notices on the petitioners. Case-Laws Companies Law Tue, 20 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287359