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Judgment Search Results Home > Cases Phrase: rationale Court: company law board clb Page 1 of about 18 results (0.067 seconds)

Jun 18 1999 (TRI)

Karedla Suryanarayana and ors. Vs. Ramadas Motor Transport Limited

Court : Company Law Board CLB

Reported in : (1999)98CompCas518

..... to close the parcel offices was alleged to have been ratified and that the proceedings of the meeting actually held on march 3, 1993, in which the petitioner questioned the rationale of closure of parcel offices have not been recorded in the minutes book.9. sri raghavan : opening and closing of parcel offices was based on volume of traffic generated. totally ..... not provide and to avoid recording his dissent, the minutes have been fabricated to show that there was a meeting only on february 27, 1993.he has also questioned the rationale of discussing the closure of the offices if the same had been ratified in the meeting on september 29, 1992. we find from the minutes of the board meeting held .....

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Aug 31 2001 (TRI)

S. Ajit Singh Vs. Dss Enterprises (P.) Ltd.

Court : Company Law Board CLB

..... had started even then. insofar as the induction of out side directors, in the absence of any material to show that the company had benefited by their induction, the same rationale applied to the induction of new members, would apply in this case also and if so, the respondents could not have inducted non-family directors without the consent and knowledge .....

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Feb 20 2003 (TRI)

Shri G. Rama Raju, Smt. G. Vs. South India Research Institute

Court : Company Law Board CLB

Reported in : (2004)118CompCas156

..... of the following shares: from the above minutes of the board of directors of the company it is clear that the second respondent has kept the board informed of the rationale of allotment.admittedly, the petitioners have claimed that the company had sub-divided its shares from face value of rs. 100/- each to rs. 10/- each and consequently the petitioners ..... exclusion of the petitioners and as seen from the minutes of the board meetings in which the shares were allotted, the second respondent had informed the board also on the rationale behind the allotment. as far as need for funds of the company is concerned, we find from the balance sheets for the years 31.03.1998 and 31.03.1999 .....

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Jul 27 1998 (TRI)

All India Shaw Wallace Employees Vs. Shaw Wallace and Co. Ltd. and ors ...

Court : Company Law Board CLB

Reported in : (2000)102CompCas466

..... the subsidiaries is not only against the interest of the company but also is in violation of the provisions of section 108 of the companies act. he also questioned the rationale of transferring these shares to the subsidiaries since the control of mdl will continue to be under swc through its subsidiaries. shri vali stated that even though as per the .....

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Feb 03 2005 (TRI)

Shri Tpg Nambiar, Electro Vs. Bpl Communications Ltd. and ors.

Court : Company Law Board CLB

Reported in : (2006)129CompCas713

..... can grant the same remedies as available earlier, liven though all the cases cited by him relate to exclusion of the jurisdiction of civil courts, yet, i find that the rationale of those decisions would apply in the present case also. he took pains to point out that in terms of regulation 4(1a), only certain powers of the principal bench .....

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May 16 2000 (TRI)

MartIn Castelino Vs. Alpha Omega Shipmanagement (P.)

Court : Company Law Board CLB

Reported in : (2001)104CompCas687

..... the money, he contended that it should be out of the exorbitant amount of remuneration approved in the extraordinary general body meeting on 5-6-1999. he also questioned the rationale of increasing the capital of the company and at the same time approving a disproportionately high amount of remuneration.5. after taking over the control of the company by issue .....

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Apr 02 2003 (TRI)

Maharashtra Power Development Vs. Dabhol Power Company and ors.

Court : Company Law Board CLB

Reported in : (2003)117CompCas467

..... of enron and it has no assets or employees. it itself has valued the worth of its shares in the company as "zero". this being the position, there is no rationale for the board of directors of emc to pass the resolution on 3.10.2002 to nominate two employees each of ge and bechtel as emc nominees on the board .....

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Jun 11 2001 (TRI)

Ravi Shankar Taneja Vs. Motherson Triplex Tools (P.) Ltd.

Court : Company Law Board CLB

..... has the power to propose to the general body any increase or reduction in the number of directors. if so, a shareholder cannot propose the same through a requisition. the rationale for this view is that it is the board which would be in a position to decide on the number of directors, taking into consideration the business needs.in the .....

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Apr 21 1993 (TRI)

Hemant D. Vakil and ors. Vs. Rdi Print and Publishing Pvt. Ltd.

Court : Company Law Board CLB

Reported in : (1995)84CompCas838

..... resorting to legal proceedings and the third strategy was to directly negotiate with rda, usa for setting up a separate company to take away the business of rdil. explaining the rationale behind the desubsidiarisation of samrat, shri mukhi pointed out that it was essentially a defensive action as the respondent directors, having got the majority over the holding company, were already .....

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Jan 28 2005 (TRI)

In Re: Automobile Products of

Court : Company Law Board CLB

Reported in : (2005)127CompCas941

..... labour court in the cases filed by the ex-employees/executives/supervisory staff, they can have no objection in shifting of the registered office of the company. he explained the rationale for shifting the registered office as indicated in the petition itself. accordingly, he sought for confirmation of the special resolution passed by postal ballot for shifting the registered office of .....

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