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    <title>1978 (5) TMI 131 - DELHI HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=297219</link>
    <description>Interim injunctive relief against convening a board meeting to consider removal of a Managing Director and Joint Managing Director is premature where no removal resolution has been passed. The relevant distinction is between calling or holding the meeting and the Board&#039;s later positive act of removal. No completed grievance arises merely from a proposed meeting. If removal is subsequently approved, its validity may be examined, including whether it breaches contractual terms or is ultra vires the Articles of Association. The requested injunction was therefore refused and the appeal failed.</description>
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    <pubDate>Fri, 26 May 1978 00:00:00 +0530</pubDate>
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      <title>1978 (5) TMI 131 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=297219</link>
      <description>Interim injunctive relief against convening a board meeting to consider removal of a Managing Director and Joint Managing Director is premature where no removal resolution has been passed. The relevant distinction is between calling or holding the meeting and the Board&#039;s later positive act of removal. No completed grievance arises merely from a proposed meeting. If removal is subsequently approved, its validity may be examined, including whether it breaches contractual terms or is ultra vires the Articles of Association. The requested injunction was therefore refused and the appeal failed.</description>
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      <pubDate>Fri, 26 May 1978 00:00:00 +0530</pubDate>
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