minority shareholder

The Bombay High Court has disposed of Golden Tobacco Company's appeal against a judgment of the Company Law Board (CLB) on January 19, 2009, which stayed resolutions passed by the company's board. The court on Friday asked the CLB to pass a judgment on the matter by February 2. The Golden Tobacco board had sought to sell or jointly develop some of its land banks in Mumbai, Hyderabad and Guntur. Full Article

Understanding settled principles of law is very very important while presenting or pursuing a case before a Court of law, Board or any Tribunal. Keeping into mind the object of the enactment, the subject, the societal scenario etc. our Courts settled certain principles and the same are to be followed by all Courts or Tribunals unless overruled by the Competent Court or by a larger bench. There is a principle in Criminal Law that an offence should be proved beyond reasona.. Full Article