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Companies Law - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Oppression and mismanagement - the Company has not undertaken ...


Company Faces Allegations of Oppression and Mismanagement Amidst Ongoing Dispute and Stalled Operations Since Inception.

November 7, 2019

Case Laws     Companies Law     Tri

Oppression and mismanagement - the Company has not undertaken any substantial business from the date of its incorporation and there is a need to put it in motion, the reason for which the Company was envisaged. The dispute between the parties has paralysed the Administration and ordinary business of the Company.

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