Minority Shareholder cannot challenge Director Induction if not attended Board Meetings

Radhakrishnan Babu Nirmala Vs Precise Limbus Eye Care Private Limited (NCLAT Chennai) Introduction: In the recent judgment by the NCLAT Chennai in the case of Radhakrishnan Babu Nirmala Vs Precise Limbus Eye Care Private Limited, the complexities of shareholder rights and the importance of attending board meetings were highlighted. The ruling has provided clarity on several issues regarding company operations, shareholder rights, and procedural protocols. Share Capital Enhancement & Memorandum of Association (MOA): One of the critical issues in contention was the enhancement of the authori...