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Companies Law - Highlights / Catch Notes

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Oppression and Mismanagement - Violation of the Status quo order ...


Tribunal Emphasizes Need for Specific Status Quo Orders in Oppression and Mismanagement Cases to Protect Applicant Interests.

May 16, 2022

Case Laws     Companies Law     AT

Oppression and Mismanagement - Violation of the Status quo order - This Tribunal comes to a resultant conclusion that while passing of status quo order it should be specific with respect to subject matters more particularly in the matters of Oppression and mismanagement, on the basis of the facts of each case and if such status quo is warranted to protect the interest of the Applicants/ Petitioners therein - AT

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