2022 (2) TMI 256

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....is Application is filed by Mr. B.R. Jayaram who is the Shareholder in Respondent Company. Earlier this Applicant has moved this Tribunal by way of Company Petition No. 84/241/HDB/2017 (TCP No. 119/241/AMR/2019) under Section 58, 59, 213, 241 and 242 of the Companies Act, 2013, seeking various reliefs against the Respondent Company. Vide its order dated 08.06.2020, this Tribunal allowed the said Pe....

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....he Applicant has become the majority shareholder by virtue of the above mentioned order. But he is handicapped for calling any General Meetings (GM) due to the non-existence of any directors on the Board of the Respondent Company and he is unable to resume business activities in the Respondent Company. It is stated that the directors have to be appointed first, who in turn shall take appropriate s....

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....under Section 103 of the Companies Act, 2013, the Counsel submits that by virtue of the order dated 08.06.2020, the Applicant was declared as a shareholder for as many shares as would constitute 60.08%. The attention of this Tribunal is drawn to Section 98 of the Companies Act, 2013, which is as under: "Section 98:- (1) If for any reason it is impracticable to call a meeting of a company, othe....