2018 (8) TMI 2032 - SCH - Companies Law

Oppression and mismanagement - validity of BOM - HELD THAT - There are no reason to interfere with the order passed by the National Company Law Appellate Tribunal, Delhi in SHAILESH P. GONAWALA AND RAMESHCHANDRA A. MORAWALA VERSUS SHREE SAISANG ASSOCIATES PVT LTDSHAILESH U. VAKHARIA, NAVINCHANDRA P INDORWALA, INDRAJIT H. MASHRUWALA, HARISHCHANDRA C. MARVAWALA, KAMLESH C. GOTAWALA, MANOJ KUMAR H. SINGAPURI, KIRITKUMAR R. VANAWALA AND REGISTRAR OF COMPANIES 2018 (6) TMI 950 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI where it was held that The appellant No.1 was very well aware of the Board Meeting held on 17.4.2017 and when he went to EOGM but left he got the opportunity but did not avail it before General Body. The appeal is thus dismissed.

Summary

The Supreme Court of India dismissed an appeal against the order of the National Company Law Appellate Tribunal, Delhi on 23.05.2018. The appeal was dismissed and pending applications were disposed of.