20 Jul 2007
SINGH V K & M K SINGH FARMS LIMITED AND ORS HC HAM CIV 2007-419-911
- Citation
- openlaw-15f292e7_2b7e_408f_ba7c_c3755270d57a.pdf
- Court
- High Court
The court found there was a seriously arguable case that the directors acted for an improper purpose by using the company as an alter ego to further Sandeep's matrimonial position, and that shareholders lacked power to ratify managerial decisions of the board in that context; the balance of convenience and interests of justice warranted an interim injunction restraining enforcement of the eviction resolutions pending Family Court consideration and further review on 29 August 2007.