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Companies Law - Highlights / Catch Notes

Home Highlights January 2022 Year 2022 This

Oppression and Mismanagement - The Related Party Transactions ...


Court Declares Related Party Transactions Invalid for Breaching Articles of Association; All Violating Proceedings Nullified.

January 14, 2022

Case Laws     Companies Law     Tri

Oppression and Mismanagement - The Related Party Transactions done by the Respondents are contrary to the provisions of law and in breach of the Articles of Association of the Respondent Company and, therefore, the said Related Party Transactions are hereby declared as invalid and all the proceedings which have been done in violation of the Articles of Associations are also hereby declared as invalid - Tri

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