https://www.taxtmi.com/caselaws?id=298926 The Board canceled the allotment of 426 shares to the 4th respondent, reinstated the petitioners as directors, and annulled the appointment of the 4th respondent as a whole-time director. The original shareholding structure and Board composition were restored. Parties were advised to settle disputes amicably within a month, with binding options for settlement. Failure to choose an option would result in the petition being deemed disposed of by the order. en-us Wed, 05 May 2004 00:00:00 +0530 Sat, 27 Nov 2021 10:47:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298926 The Board canceled the allotment of 426 shares to the 4th respondent, reinstated the petitioners as directors, and annulled the appointment of the 4th respondent as a whole-time director. The original shareholding structure and Board composition were restored. Parties were advised to settle disputes amicably within a month, with binding options for settlement. Failure to choose an option would result in the petition being deemed disposed of by the order. Case-Laws Companies Law Wed, 05 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298926