Case Law Details
Case Name : Zee Entertainment Enterprises Ltd. Vs Invesco Developing Markets Fund (Bombay High Court)
Related Assessment Year :
Courts :
All High Courts Bombay High Court
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Zee Entertainment Enterprises Ltd. Vs Invesco Developing Markets Fund (Bombay High Court)
Facts-
Two institutional investors issued the requisition notice to Zee Entertainment. A suit is filed by Zee Entertainment against the demand of two institutional investors seeking extraordinary general meeting. Zee Entertainment has filed a suit arguing that the requisition notice send by the institutional investor is illegal and invalid.
Conclusion-
Under Section 100 of Companies Act, a requisition notice sent by shareholders must meet the following requirements:
they have collectively not less than 1...
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