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Companies Law - Highlights / Catch Notes

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Oppression and Mismanagement - This ‘Tribunal’ keeping in mind ...


Tribunal Cites Sections 241 & 242 of Companies Act, 2013; Defers Ruling on Complex Oppression and Mismanagement Allegations.

May 6, 2021

Case Laws     Companies Law     AT

Oppression and Mismanagement - This ‘Tribunal’ keeping in mind of the ingredients of Section 241 and 242 of the Companies Act, 2013 comes to a resultant conclusion that to achieve the object(s) for which the aforesaid provisions are enacted, without expressing any opinion on the merits of the matter, also not delving deep because of the fact that allegations of ‘Oppression and Mismanagement’ concerning mixed question of Law and fact cannot be decided at the ‘interim’, stage - AT

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