continue to control these properties then he will exclusively control and manage the entire estate as the deceased lady was controlling during her lifetime ... wealth of M. P. Birla Group are controlled and can be controlled by virtue of majority shareholding in the key investment companies. It is neither
continue to control these properties then he will exclusively control and manage the entire estate as the deceased lady was controlling during her lifetime ... wealth of M.P. Birla Group are controlled and can be controlled by virtue of majority shareholding in the key investment companies. It is neither
company vested in the
voting powers of the shareholders and that the shareholders holding a
controlling interest could determine the nature of the business ... controlling power over all the M.P. Birla Group of Companies and
29
such control was exercised through cross and chain shareholdings in various
companies
share. The Company Law Board has also given liberty to the
controlling shareholders to sell their shares to the aspiring appellants
herein at the same ... price.
The controlling shareholders have preferred two independent
appeals which have been admitted and are numbered
debenture holders, or any class of shareholders, of the company) has taken place in the management or control of the company, whether by an alteration ... company and particularly possessed himself of everything.' This shareholder also possessed the voting control in the company. In such a case, as Lord President
case where two groups of nearly equal shareholding fight with each other for the control of the company. If one were to wait during ... transformed from that amongst partners, to that amongst shareholders, may be controlling shareholders, may be office holding shareholders each case being different on facts
further that the object of the section was to prevent the controlling shareholders from receiving accumulated profits of a company in preference to other shareholders ... when such a device is adopted by a controlled company, the controlling group consisting of shareholders have deliberately decided to adopt the device of making
Controls India Private
Limited - vs- Seven Trent Water (2013) 1 SCC 641 paragraphs 63.
Since the defendant no. 1 claiming to be the controlling shareholder ... bind its group companies,
sister concerns, parent concern as also the controlling shareholders;
It is emphasized that multiple proceeding in respect of the same
subject
word 'regulations' was synonymous with Articles and that the shareholders could control the acts of the directors only by alteration of the Articles ... only way in which the general body of the shareholders can control the exercise of the powers vested by the Articles in the directors
words "controlling interest" in Section 2 (21) .
The control of a company resides in the voting power of its shareholders. "Controlling interest ... pleased at a meeting as between the company and the shareholders, he had a controlling interest in respect of the 20 shares, and the company
