2021 (4) TMI 1359

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..... is closely held, it would be appropriate if mediation is resorted to so that any one or more of the groups of shareholders can buy out the shareholding of others. HELD THAT:- The appellants are permitted to move the NCLT for expeditious hearing having regard to the mandate of Section 422. Any offer which the appellants have for an amicable solution through a mediatory process can be urged befo .....

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..... umar, learned counsel appearing on behalf of the appellants, submits that the petition for oppression and mismanagement has been pending since 2016 and, hence, it is appropriate that it is disposed of at an early date in compliance with the mandate of Section 422 of the Companies Act 2013. In the alternative, it has been submitted that having regard to the fact that the shareholding is held within .....

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