2021 (7) TMI 1290
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.... Conference. 1. Dr. Abhinav Chandrachud alongwith Ms. Prachi Wazalwar, Ld. Counsel for the Petitioner present. Mr. Mahesh Athavale, Ld. Authorised Representative for the Respondent present. 2. This is an Application filed by the Petitioner aggrieved by the resolution passed in EOGM dated 31.05.2021 wherein he was purportedly removed as Director. Counsel for the Petitioner pointed that in accorda....
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.... not liable to retire at a General Meeting." 3. The removal of directorship of the Petitioner is inconsistent with the restriction provided under the Articles of Association. Therefore, the Petitioner has made prima facie case for grant of interim stay of resolution passed in EOGM dated 31.05.2021. 4. It is observed that Respondent No.2 has acted ultra vires of the powers conferred under Article....