https://www.taxtmi.com/caselaws?id=399200 The Tribunal ruled in favor of Petitioner No. 1, declaring them a shareholder holding 51% of the shares of Respondent No. 1 Company. The removal of Petitioner Nos. 2 to 4 from the Directorship was deemed unlawful due to lack of due process. The main Company Petition was upheld as maintainable under Section 241 of the Companies Act, 2013, citing Petitioner No. 1's standing as a shareholder. The Tribunal ordered the registration of Petitioner No. 1 in the Register of Members and set aside the removal of Petitioner Nos. 2 to 4, denying other reliefs sought and making no cost orders. en-us Tue, 30 Jun 2020 00:00:00 +0530 Tue, 06 Oct 2020 11:52:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399200 The Tribunal ruled in favor of Petitioner No. 1, declaring them a shareholder holding 51% of the shares of Respondent No. 1 Company. The removal of Petitioner Nos. 2 to 4 from the Directorship was deemed unlawful due to lack of due process. The main Company Petition was upheld as maintainable under Section 241 of the Companies Act, 2013, citing Petitioner No. 1's standing as a shareholder. The Tribunal ordered the registration of Petitioner No. 1 in the Register of Members and set aside the removal of Petitioner Nos. 2 to 4, denying other reliefs sought and making no cost orders. Case-Laws Companies Law Tue, 30 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399200