https://www.taxtmi.com/caselaws?id=416998 The Tribunal declared the appointments of certain directors invalid due to statutory non-compliance, ordering their immediate removal. A director's resignation was deemed effective from the date of submission to the company, leading to her removal. Disqualification of directors was deferred pending a regulatory report, while others were ordered to vacate their positions for violations. An inquiry into mismanagement was directed, and the conduct of Annual General Meetings was postponed. The Ministry of Corporate Affairs was tasked with further investigation. The application was partially allowed, resulting in removals, disqualifications, and investigative directions. en-us Tue, 21 Dec 2021 00:00:00 +0530 Thu, 13 Jan 2022 08:59:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416998 The Tribunal declared the appointments of certain directors invalid due to statutory non-compliance, ordering their immediate removal. A director's resignation was deemed effective from the date of submission to the company, leading to her removal. Disqualification of directors was deferred pending a regulatory report, while others were ordered to vacate their positions for violations. An inquiry into mismanagement was directed, and the conduct of Annual General Meetings was postponed. The Ministry of Corporate Affairs was tasked with further investigation. The application was partially allowed, resulting in removals, disqualifications, and investigative directions. Case-Laws Companies Law Tue, 21 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416998