Oppression and Mismanagement - removal of director for not ...

Case Laws Companies Law

June 22, 2019

Oppression and Mismanagement - removal of director for not attending three consecutive meetings - extract of meeting dated 20.5.2010 has been signed by the appellant, it also establishes that impliedly the leave of absence in defacto is given - respondents were very well aware that the appellant is in U.K. despite notice issued to Visakhapatnam address and despite corresponding with the appellant via emails, no notice via mail was given - filing Form No.32 with ROC for vacation of office by the appellant is not legal

View Source

← Previous Next →

Oppression and Mismanagement - removal of director for not ...

Case Laws Companies Law

June 22, 2019

You may also like:

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...

The petition alleges oppression and mismanagement by the company's majority shareholders against the petitioners, who were removed as directors through an Extraordinary...

Allegation of oppression and mismanagement - The decision of the majority would prevail in the interest of the Company and its shareholders per se. Therefore, he cannot...

Oppression and mismanagement - removal of MD/Director - in the notice there was an agenda for removal of 1st respondent as Managing Director and not director -...

Oppression and Mismanagement - allotment of shares - continuation as additional (3rd) director after 26.9.2010 is not as per law as was not regularised in AGM - Board...

Oppression and mismanagement - The complete exclusion of the petitioner group from the board cannot be justified merely by pointing out that the meeting is a validly...

The crux of the matter revolves around allegations of oppression, mismanagement, illegal sale of company land, allotment of equity shares, appointment and removal of...

Oppression and mismanagement - misappropriation of funds - as such no irregularities were found in convening an Extra-Ordinary General Meeting which was requisitioned at...

Oppression and mismanagement - Removal of Director - Period of limitation - Time gap of 5 years - The petition filed by the petitioner is prima facie barred by...

Absence from three consecutive Board meetings with out obtaining leave of absence - Automatic cessation under section 283(1)(g) of the Companies Act 1956 - there is an...

Oppression and mismanagement - the petitioner has been removed as a Director illegally without following due course of law. Further, the Company is in the nature of...

Oppression and mismanagement - appellant has no inherent right to continue as Managing Director/Director in the 1st respondent unless he is able to carry the majority...

The NCLAT upheld the NCLT's decision to refuse waiver u/ss 244(1)(a) and (b) of the Companies Act 2013 to the Appellants, who held only 5.83% shareholding, to file an...

Oppression and mismanagement - not permitted/given sufficient opportunity to be involved in the affairs/board meetings - allotment of shares at par without premium to...

Corporate dispute involving allegations of oppression and mismanagement by equal shareholders. Key points: Oppression implies lack of probity or equity, intention behind...

Quick Updates: