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Madras HC Refuses Injunction as Shareholder Validly Requisitioned EGM

Case Law Details

Case Name
 S. Varadarajan Vs Venkateswara Solvent Extraction Private Limited (Madras High Court)
Date of Judgement/Order
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 S. Varadarajan Vs Venkateswara Solvent Extraction Private Limited (Madras High Court) In, the Madras High Court dismissed an application seeking interim injunction against holding an extraordinary general meeting (EGM) convened by a shareholder under Section 169 of the Companies Act, 1956. The applicant had challenged the validity of the EGM notice dated March 28, 1992, contending that the requisition notice did not contain a proper agenda, violated mandatory provisions of Section 169, and failed to comply with Section 284 regarding removal of the managing director. The dispute arose in the ...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,295

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