Allegation of oppression and mismanagement - The decision of the ...

Majority Decision Upheld in Company Mismanagement Case; Director's Removal Not Oppression Due to Absenteeism.

May 18, 2021

Case Laws Companies Law Tri

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 question such acquisition at this stage and he has questioned the conveyance deed by filing a suit in City Civil Court of Bombay. Further, the only act of oppression of removal of Petitioner as Director is untenable as the post of director remained vacant due to the absence of the Petitioner in several meetings. - Tri

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Allegation of oppression and mismanagement - The decision of the ...

Majority Decision Upheld in Company Mismanagement Case; Director's Removal Not Oppression Due to Absenteeism.

May 18, 2021

Case Laws Companies Law Tri

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