Oppression and mismanagement - Holding BOD meetings outside ...

Board Meetings Abroad Not Illegal; No Grounds for Oppression Claims if Appellant Misses Meeting.

February 21, 2019

Case Laws     Companies Law     AT

Oppression and mismanagement - Holding BOD meetings outside India - Nothing is shown that there is any restriction on the place where Board of Directors should hold their meetings - Merely because the appellant could not attend the meeting, the allegation of oppression and mismanagement cannot be proved.

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