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Showing 21 to 22 of 22 Records
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1958 (7) TMI 20 - IN THE CHANCERY DIVISION
Meeting and Proceedings – Power of Company Law Board to Order Meeting to be Called ... ... ... ... ..... would be that they would find that they had ceased to be directors. Reference was made to other proceedings between the parties and to a motion for the committal of the applicant for the alleged offence of endeavouring to procure that one of the respondents should not be present in court. It appears to me that I cannot properly take those other matters into account I have no knowledge of them at all, and were I in any way to take them into account, I would be, at any rate to some extent, prejudging the issues between the parties one way or the other. For these reasons, therefore, I propose to accede to this application and to direct a meeting of the company to be held under the power given me by section 135 of the Companies Act, 1948. After a discussion it was agreed that the order should direct that one member of the company present in person or by proxy should be deemed to constitute a quorum and that the meeting should be held at the offices of the applicant s solicitors.
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1958 (7) TMI 1 - HIGH COURT AT CALCUTTA
Wood-Naptha ... ... ... ... ..... en the respondents have made a mistake in bringing it within this item. The question of course remains as to under what item it should be appraised. I do not see however why it should not come under item 28. Methyl-Alcohol pure or impure is a well-known chemical and in this case has been manufactured by one of the world s best known manufacturing chemists, and it is not alleged that the petitioner company is engaged to manufacturing potable spirits. However, that would be for the respondents to consider. 6.The result is that this rule must be made absolute and the order of the Asstt. Collector of Customs calling upon the petitioner company to pay the deficiency of Rs. 484573/3/- and the appellate orders therefrom must be quashed and/or set aside. There will be a writ in the nature of Mandamus directing the respondents not to give effect to the said orders. This however will not prevent the respondents from proceeding in accordance with law. There will be no order as to costs.
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