TaxTMI 
TaxTMI 
2022 (1) TMI 464
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....prayers: (a) Call/order a general meeting of the Respondent Company in such manner as the Hon'ble Tribunal deem fit; (b) Appoint an Independent Chairman for the meeting so ordered to conduct the meeting in a professional and impartial manner, and (c) Grant any other relief or pass any order(s) that this Hon'ble Tribunal may deem fit and proper. It is submitted that the said Respondent company is under the jurisdiction of this Tribunal. Further, a deadlock exists in the company between the Sanjay Gupta (SG) Group and the Hari Prasad Sharma (HPS) Group, with each holding 50% of the equity shares of Shree Salasar Poly flex Private Limited (SSPL) as follows. (i) SSPL has 4 shareholders i.e. Sanjay Gupta holding 40.29% of Equity....
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....ted in financial position of the company for the financial years ending on 31.03.2020 and 31.03.2021, along with ratification of the statutory auditor and payment terms thereof. The base year for opening balances for 2019-2020 shall be as per the closing balances for 2018-2019, subject to any adjustments. We are explicitly directing the holding of one meeting for the aforesaid financial years, though the agenda for the relevant years shall be taken up in sequential order under two financial year clusters, as stated above. The consent of Counsels of both groups for holding the said meeting has been confirmed before the Tribunal and shall be deemed to be consent given by the shareholders belonging to both groups for shorter notice of meeting.....
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....355) (E-mail: [email protected]) is appointed as the Chairperson and he shall induct/co-opt any person of choice to be the Scrutinizer for the AGM. The said AGM shall be held as directed by the said Chairperson through VC and OAVM, including Webex/Zoom and also include hybrid option for physical presence, if so directed by the Chairperson. The Chairperson shall strive to be maximally conformant to relevant standards such as SS-1 & SS-2. However, any deviation therefrom, unless a major transgression of standards or violation of statute, other than as relaxed herein, shall be non-fatal. 5. The Agenda for AGM shall be limited to the presentation/finalisation of the accounts for the relevant financial years and the appointment of auditor an....
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....ed by the Court Officer to the Chairperson nominated herein for reference. 6. In the event of any objections or issues whatsoever, by whomsoever, the same shall be decided by the Chairperson summarily, whose decision shall be final and who shall strive to complete the proceedings in an orderly manner. Any such issues shall be included in the report to be filed by the Chairperson and Scrutinizer. The Chairperson shall be empowered to regulate/restrict entry to the Board Meeting/AGM to only concerned and authorized persons. Any report of unruly conduct or obstruction of proceedings shall be viewed seriously. The Chairperson shall be entitled to summarily disconnect from VC any obstructive person or require him to leave the venue of the Board....