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    <title>2019 (7) TMI 1849 - NATIONAL COMPANY LAW TRIBUNAL, AHMEDABAD BENCH</title>
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    <description>The Tribunal found the petitioner&#039;s requisition notice for an Extraordinary General Meeting (EGM) valid under Section 100 of the Companies Act, 2013, and held that the respondent company&#039;s modifications were illegal. The Tribunal allowed the petitioner&#039;s company petition, set aside the respondent&#039;s notice, and directed the Board to convene the EGM within 30 days as per the original requisition notice. An observer and a permanent invitee were appointed to oversee the EGM and protect minority shareholders&#039; interests, emphasizing shareholders&#039; supremacy in corporate governance.</description>
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    <pubDate>Fri, 26 Jul 2019 00:00:00 +0530</pubDate>
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      <description>The Tribunal found the petitioner&#039;s requisition notice for an Extraordinary General Meeting (EGM) valid under Section 100 of the Companies Act, 2013, and held that the respondent company&#039;s modifications were illegal. The Tribunal allowed the petitioner&#039;s company petition, set aside the respondent&#039;s notice, and directed the Board to convene the EGM within 30 days as per the original requisition notice. An observer and a permanent invitee were appointed to oversee the EGM and protect minority shareholders&#039; interests, emphasizing shareholders&#039; supremacy in corporate governance.</description>
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