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1 - 6 of 6 (0.18 seconds)Section 398 in The Companies Act, 1956 [Entire Act]
Section 399 in The Companies Act, 1956 [Entire Act]
Section 3 in The Companies Act, 1956 [Entire Act]
Omni India Limited And Others vs Balbir Singh on 14 March, 1989
ft is the contention of the appellant that he has given Power of Attorney by
other family member shareholder which is sufficient compliance of Section 399
of Companies Act, 1956 and therefore the appellant is entitled to file the petition.
Learned Counsel for the appellant relied upon the original Hind! version of
the Power of Attorney dated 3° July, 2009 given by the other shareholders.
Learned Counsel appearing on behalf of the Respondent submits that consent in
writing under Section 399 of the Companies Act, 1956 means the conscious
approval of the action proposed to be taken by the person to whom the consent
has been given. He relied on Hon'ble Delhi High Court decision in Omni India
Limited and others Vs Balbir Singh reported in (1989) 66 Company Cases
Section 402 in The Companies Act, 1956 [Entire Act]
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