3 results for “charitable trust”+ Section 139(4)clear
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Bench: AVNEESH JHINGAN,SHUBHA MEHTA
4 listed companies, 3 subsidiaries of one listed company and an unlisted company is bad in law since the Joint APLs merely represents the estate of PDB and thus, had no rights to seek appointment of Directors in companies in which PDB was not a "Member". Further, without prejudice, it is submitted that such appointment of Directors cannot be made