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(1953) 1 MLJ 346 (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. No. 56 of 1952.
Judgement Date :
Thursday 16th of October 1952
| B.N. Viswanathan and another | .....Appellant(s) | | Versus | | | Tiffin’s Barytes, Asbestos and Paints, Ltd., by their Agents and Secretaries, The Indian Trades and Investments, Ltd., and others | .....Respondent(s) |
Company Law — General body of a company — Power to elect directors — Inherent powers — Delegation to the-board of directors — Validity and scope — Delegation when lapses — Shareholder — Individual wrong — If could be agitated by other shareholders — Voting by proxy — Not a common law right — ‘By proxy or by attorney’ — If synonymous — Restriction on the right of voting — Validity — Meeting of a company — Power of chairman to adjourn meeting — Limits — Who can complain about wrongful adjournment.
Cases Referred
Isle of Wight Railway Company v. Thourin [1883] 25 Ch.D. 320
Baron v. Potter: Potter v. Berry (1914) 1 Ch. 895.
Foster v. Foster [1916] 1 Oh. 532
Munster v. Cammell Company [1882] 21 Ch.D. 183 followed.
Blair Open Hearth Furnace Co. , Ltd. v. Reigart [1913] 108 L.T. 665,doubted.
Worcester Corsetry v. Witting [1936] Ch.D. 640
Ram Kissondoss v. Satyacharan A.I.R. 1950 P.C. 81; L.R. 77 I.A. 128 (P.C.)followed.
Pulbrook v. Richmond Consolidated Mining Company [1878] 9 Ch.D. 610,relied on.
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