P.R.RAMACHANDRA MENON, ANIL K.NARENDRAN
Abdulla – Appellant
Versus
Meezan Realtors Pvt. Ltd. – Respondent
ANIL K. NARENDRAN, J.
1. This appeal arises out of the order dated 20.11.2015 of the Company Law Board, Chennai in C.P.No.100 of 2011. The said Company Petition was one filed by the appellant herein under Sections 111, 398, 402 and 406 of the Companies Act, 1956 (hereinafter referred to as ‘the Act’), seeking an order to set aside the share transfers purported to have been made to the 4th respondent by the appellant and the 2nd respondent and the subsequent transfers made by the 4th respondent to the 2nd and 3rd respondents and to declare void (i) Form 32 filed for appointment of the 3rd respondent as a Director and the 4th respondent as the Managing Director of the 1st respondent Company; and (ii) Form 32 filed for changing the designation of the appellant from that of the Managing Director of the 1st respondent Company to that of a Director of that Company. The appellant has also sought for rectification of the register of members of the 1st respondent Company by removing the names of the 2nd, 3rd and 4th respondent as its members and other consequential reliefs.
2. The Company Law Board (hereinafter referred to as ‘the CLB’) by Annex.A12 order dated 20.11.2015 dismissed
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