TaxTMI 
TaxTMI 
2017 (10) TMI 1508
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....oppressive act by the majority shareholders of the Respondent No. 1 Company and for that purpose, such fit and proper person be appointed, as this Hon'ble Tribunal may deem fit as Administrator and/or Special Officer and/or an Independent Committee of management be appointed to carry on the business of and to manage the affairs of the Respondent No. 1 Company for such period and on such terms and conditions as this Hon'ble Tribunal may deem fit; (b). Without prejudice to prayers hereinabove, this Hon'ble Tribunal be pleased to appoint such number of persons as may be deemed fit and proper to hold office as an independent board of directors to assume charge of the management and affairs of the Respondent No. 1 Company, in manne....
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....ibunal be pleased to declare that the purported ExtraOrdinary General Meeting of the Respondent No. 1 Company held on 3rd January, 2015 is illegal and that the resolutions passed thereat to the extent it relates to restriction on transfer of shares of the Respondent No. 1 Company is ultra vires, null and void and that the same is invalid, ineffective and not binding on the Respondent No. 1 Company and its shareholders including the petitioners and that the same to be set aside; (g) for costs; and (h) Such further and other relief as this Hon'ble Tribunal may deem fit andproper considering the nature and circumstances of the present case." 2. In this matter, Respondents No. 1 to 9 filed their replies. The petitioners also filed rejo....
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....or any Date, Documents and information required for the valuation exercise. 4. The Valuer shall complete the valuation exercise within a period of ten weeks from the date of the order appointing the Valuer. 5. The cost of the valuation shall be paid and borne 50% by the company and 50% by the Petitioner No. 1. 6. The value of the shares of the Petitioner in the 1st Respondent company to be so determined shall be as on 31st March, 2017. 7. The Independent Valuer shall submit Valuation Reports in three originals to the Registrar of this Hon'ble Tribunal in a sealed envelope within ten weeks from the date hereof. 8. This Hon'ble Tribunal shall communicate to both the parties the date on which the sealed envelope shall be open....