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Tribunal Can Order AGM Under Companies Act 2013 Sec 96; No Business Revival Possible Says Fourth Respondent.

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....Seeking Convening and holding of AGMs - Default as per Section 96 of the Companies Act, 2013 - The section confers on the Tribunal to order the AGM of the company to be conducted if there is a default. The Respondent No.4 has submitted on oath in the form of affidavit that there is no possibility of any business relationship between it and the Petitioner that could contribute to reviving the business of the Respondent No.1 Company. - Tri....