2009 (6) TMI 589

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....sons stated in Misc. Civil No. 1888 of 2009 delay is condoned, Misc. Civil No. 1888 of 2009 is allowed. 2. Learned counsel for the appellant submits that the direction issued by the Company Law Board is complied with by convening the annual general meeting of the company by the chairman appointed by the Company Law Board and conducted the annual general meeting of the company on 22-12-2008 and in....

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....ded that the said decision will render redundant the direction issued on the basis that no board of directors of the company was constituted for the purpose of section 186 of the Act and, therefore, appointment of chairman to convene the annual general meeting of the company is wholly untenable in law. That cannot be permitted by this court in this appeal in view of the fact that the annual genera....