After commencement of the commercial production, several agreements were entered into. In the first agreement dated 12.1.2002 between the petitioners, 2nd and 3rd respondents ... agreement dated 12.1.2004, , another agreement was entered into on 8th March, 2002 between the petitioners and the 2nd respondent. In terms of this agreement
agreement has been fully acted upon by the parties and in terms of the said agreement, and in the implementation of the said agreement ... said agreement. There is, further, no stipulation in the said agreement, nor was there any clear intention reflected in the said agreement that
parties to seek specific performance of the terms of this agreement including voting rights in terms of Clause 4 of Article IX. I am unable ... claims arising out of or pertaining to this agreement shall be finally settled by arbitration ". Voting rights and specific performance are also part
company under Section 45A of the Companies Act, 1956. As per the agreement, Shri R.K. Saboo was to transfer the industrial licence ... have a casting vote in case of equality of votes.
5. On ten matters mentioned in clause (L) of the agreement, no decision shall
date and appointed himself as the chairman in contravention of the-family agreement as well as Article 108(a). In view of this, the banks ... with that of the respondents as per the family agreement, for freezing of voting rights of the respondents, etc.
4. Respondents
Singh. On incorporation, the company and M/s Fritz entered into an agreement on 23rd Oct. 1974 by which the entire business ... party in terms of this agreement.
h. Clause 11.3: Each of the parties here to agree to exercise the voting rights in the company
Eih Limited And 5 Ors. vs Mashobra Resort Limited, The State ... on 14 November, 2002
persons so appointed. Shri Sarkar pointed out that there is an agreement between SWC and Henkel that the majority control of the company would ... English and Irish Appeals 335 he submitted that such an agreement to appoint directors is illegal and as such void. According to Shri Sarkar
made a reference to many of the clauses contained in the Shareholders Agreement dated 21.08.1995 (Annexure A-5) and particularly invited our attention to Article ... Articles is invalid an agreement outside the Articles between Shareholders as to how they would exercise their voting rights on a resolution to alter
matter of fact as soon the agreement was worked out, the terms of the agreement came to an end. At the time when the shares ... same Agreement, no benefits or obligations under the Agreement shall be assignable without the approval of GOI. Therefore, from these clauses of the Agreement
