TMI Blog2019 (6) TMI 217X X X X Extracts X X X X X X X X Extracts X X X X ..... e of any direction given by this Appellate Tribunal and the said matter cannot be re-agitated for deciding the issue afresh by this Appellate Tribunal which was decided on 21st July, 2017. The Tribunal was required to decide the matter within the four corners of the direction of this Appellate Tribunal given on 21st July, 2017 and not beyond the same. In absence of any merit, the appeal is dism ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oper to provide exit to the petitioner because 2nd and 4th Respondents jointly held majority of the shares in the company whereas the petitioner is a minority shareholder. 3. The order was challenged before this Appellate Tribunal in Company Appeal (AT) No. 92 of 2017 which was decided by this Appellate Tribunal on 21st July, 2017 with the followings directions: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unts within 2 months from the date on which such right is exercised. ( v) Further in case the appellant fails to provide the amount of the value of shareholding of R2 and R3 as per the quoted amount or fails to exercise his right within the above mentioned period, then R2 and R3 shall have the right to purchase the shareholding of the appellant as per the quot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ribunal is directed to reschedule the date of listing according to the above mentioned timeline and ensure that the order of this appellate tribunal is implemented properly. 4. The Tribunal thereafter, passed appropriate order after hearing the parties by impugned order dated 28th February, 2019. 5. Learned counsel for the Appellant submits that this Appellate ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
