Ram Parshottam Mittal & Anr vs M/S Hillcrest Realty Sdn.Bhd.& Ors.Etc

The Supreme Court addressed the interpretation of Section 87(2)(b) and Section 90(2) of the Companies Act, 1956, in the context of a dispute involving the management and shareholding of Hotel Queen Road Pvt. Ltd. The Court held that the provisions concerning the rights of preference shareholders must be adhered to, particularly regarding voting rights and the convening of Extraordinary General Meetings. The judgment of the Delhi High Court was upheld, affirming the decisions made regarding the management structure of the company and the rights of the shareholders involved.