Oppression and Mismanagement - transfer of shares of promoters - ...

Tribunal Rules Promises Not to Transfer Shares Don't Fix Illegality in Promoter Share Transfer Case.

August 24, 2020

Case Laws Companies Law Tri

Oppression and Mismanagement - transfer of shares of promoters - The mere undertaking of the transferees not to transfer their shares will not cure the illegality. Since, the petitioners are questioning the actions of respondent No. 1-company, non-joinder of the Trust nor its Trustees as parties is not fatal and this Tribunal has every power to conduct legal scrutiny. - Tri

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Oppression and Mismanagement - transfer of shares of promoters - ...

Tribunal Rules Promises Not to Transfer Shares Don't Fix Illegality in Promoter Share Transfer Case.

August 24, 2020

Case Laws Companies Law Tri

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