Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

1951 (1) TMI 20

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndent. JUDGMENT Rajamannar, CJ. This is an appeal against an order of Krishnaswami Nayudu, J., directing the directors of Tiffin's Barytes Asbestos Paints Ltd., to convene and hold the annual general meeting of the company on Sunday, the 28th January, 1951, after giving due notice to the shareholders as provided under the articles to consider certain subjects. This order was made on .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... regulations as to the election of the chairman. It was conceded before us by learned counsel appearing for the company that no regulations had been made as contemplated by this article. But he mentioned that at a meeting of the directors on 12th August, 1950, one Mr. Veeramani was elected chairman. It is obvious that it cannot be said in this case that there is a validly elected chairman of the bo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ting is the subject-matter of certain objections by the respondent. We shall therefore, refrain from saying anything as to the correctness or otherwise of any of his decisions. But it is clear that the person who is put forward by the company as the permanent chairman rejected all the 73 proxies submitted by one Mr. E.R. Krishnan on the ground that they did not conform to the form under Regulation .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... interfering with the internal management of the company which it had no jurisdiction to do. But we find that section 79(3) itself contemplates the giving of directions by the court as to the manner in which a meeting of the company can be held and conducted. Section 76 expressly confers on the Court the power to call or direct the calling of a general meeting of the company. If the court can call .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates