Companies Act-NCLT

Under the Companies Act, the principle of corporate democracy centers around shareholders exercising their rights through voting mechanisms, typically in general meetings – Ranga Raju Kosuri and Anr. Vs. Paradise Ventures Pvt. Ltd. and Ors. – NCLT Hyderabad Bench

It is well established that under the Companies Act, the principle of corporate democracy centers around shareholders exercising their rights through voting mechanisms, typically in general meetings. This ensures majority rule while safeguarding minority rights, thus promoting accountability and fairness in corporate governance. Therefore, unless there is a clear violation of minority rights, the majority prevails.

Under the Companies Act, the principle of corporate democracy centers around shareholders exercising their rights through voting mechanisms, typically in general meetings – Ranga Raju Kosuri and Anr. Vs. Paradise Ventures Pvt. Ltd. and Ors. – NCLT Hyderabad Bench Read Post »

Appointment of an Independent Administrator to supervise, manage, regulate and control the accounts and affairs of the Company – Mr. Randhir Hebbar and Anr. Vs. Convergytics Solutions Pvt. Ltd. and Ors. – NCLT Bengaluru Bench

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Appointment of an Independent Administrator to supervise, manage, regulate and control the accounts and affairs of the Company – Mr. Randhir Hebbar and Anr. Vs. Convergytics Solutions Pvt. Ltd. and Ors. – NCLT Bengaluru Bench Read Post »

The scope and ambit of the NCLT Rule 154 cannot be extended to review the terms of its own order, howsoever strong the reason may be – Vardhman Polytex Ltd. Vs. Machinen Umwelttechnik Transportanlagen Gesekkschaft Gmbh and Anr. – NCLT Chandigarh Bench

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The scope and ambit of the NCLT Rule 154 cannot be extended to review the terms of its own order, howsoever strong the reason may be – Vardhman Polytex Ltd. Vs. Machinen Umwelttechnik Transportanlagen Gesekkschaft Gmbh and Anr. – NCLT Chandigarh Bench Read Post »

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