TMI BlogCLB grants respondents veto power over company matters u/s 402, risking operational paralysis in pursuit of justice.The CLB has, under the garb of doing substantial justice, granted extreme directions under Section 402, enabling the Respondents to achieve indirectly a virtual veto right on all issues and the ability to paralyze the functioning of the Company - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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