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CLB: JV not ‘quasi partnership’; Mere director appointment/removal not oppression
CLB: Family arrangement MoU can’t obliterate Board Resolution; Dismisses ‘…
CLB: Private MoU between JV partners can’t be enforced through Sec 397/398…
CLB: Orders members’ register rectification; Dismisses Sec. 391-394…
CLB: Director’s leave of absence ‘implied’ in closely held cos.; Cites mutual trust
CLB: Directs transfer of pledged shares, rejects ‘Shylockian attitude’ & ‘…
CLB: Proceedings at CLB ‘summary’ in nature; Can’t decide disputed share transfer…
CLB: Dismisses ‘hopelessly time barred’ petition for members register…
CLB: Disallows substantive amendments to Sec. 397/398 petition changing…
CLB: Upholds majority’s right to govern Co. but directs exit for minority shareholder
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Direct Tax
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