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(1953) 1 MLJ 275 (Mad)
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Present : Mr. P.V. Rajamannar, Chief Justice and Mr. Justice Venkatarama Ayyar.
Case Number(s) : O.S.A. Nos. 120 of 1951 and 15 of 1952.
Judgement Date :
Friday 04th of April 1952
| A. Ananthalakshmi Ammal and another | .....Appellant(s) | | Versus | | | Indian Trades and Investments, Ltd., and another | .....Respondent(s) |
Companies Act (VII of 1913) — Failure to hold the annual meeting within the specifed time after the last preceding one for election of directors — Directors due to retire deemed to have vacated their office — Directors’ power to co-opt — Conditions necessary for the exercise of.
Cases Referred
In re Consolidated Nickel Mines, Ltd. [1914] 1 Ch. 883
Morris v. Kanssen [1946] A.C. 458
Srinivasan v. Watrap Subramania Iyer : [1931] 61 M.L.J. 724
Bucklay’s Companies Act (12th Edn. p. 882] followed.
In re Scottish Petroleum Company [1883] 23 Ch.D. 413
In re Bank of Syria [1900] 2 Ch. 272
In re Sly Spink & Co. [1911] 2 Ch. 430
Channel Collieries Trusts, Ltd. v. Dover St. Margaret’s and Martin Mill Light Railway [1914] 2 Ch. 506, followed.
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