Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2017 (3) TMI 1753

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - HELD THAT:- While we allow the appellants to withdraw the appeal with liberty to file a fresh petition under section 241 and 242 of the Companies Act 2013, if there is any 'Oppression and Mismanagement' taken place after they become the shareholders of the company, we do not express any opinion with regard to the impugned order dated 31st January 2017 whereby the 2nd appellant has been .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rned counsel for the appellants sought permission to withdraw the appeal to enable the appellants to file a fresh Company Petition under section 241 and 242 of the Companies Act 2013 with regard to Oppression and Mismanagement if committed after the appellants become the shareholders of the company. Learned counsel for the appellants further submitted that in the ordered by the Tribunal .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ard to the impugned order dated 31st January 2017 whereby the 2nd appellant has been directed to continue as the director, which may be looked into in Company Appeal (AT) No. 57 of 2017. We make it clear that we have not expressed any opinion in regard to the petition as may be preferred by the appellants in future and if such petition is filed, the Tribunal will decide the same on its o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates