https://www.taxtmi.com/caselaws?id=416513 The Tribunal declared the enrollment of Respondent Nos. 2 to 20 as null and void due to lack of authorization from a General Meeting, violating the Articles of Association. It was found that the Director Board lacked authority to enroll new members without General Meeting sanction. The Tribunal recognized the Appellant's valid membership status and highlighted irregularities in granting loans to new members. The appeal's limitation and maintainability were questioned but not considered due to late submission. The Tribunal ordered the removal of the unauthorized members and directed rectification of the Register of Members within one month. en-us Tue, 21 Dec 2021 00:00:00 +0530 Fri, 31 Dec 2021 08:52:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416513 The Tribunal declared the enrollment of Respondent Nos. 2 to 20 as null and void due to lack of authorization from a General Meeting, violating the Articles of Association. It was found that the Director Board lacked authority to enroll new members without General Meeting sanction. The Tribunal recognized the Appellant's valid membership status and highlighted irregularities in granting loans to new members. The appeal's limitation and maintainability were questioned but not considered due to late submission. The Tribunal ordered the removal of the unauthorized members and directed rectification of the Register of Members within one month. Case-Laws Companies Law Tue, 21 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416513