Oppression and mismanagement petitions: consent, member schedules, annexures and court leave govern petition procedure under company law. Procedural rules require that a petition for oppression or mismanagement presented by entitled members annex letters of consent authorising the petitioner(s), include a Schedule of names and addresses of all members represented, state whether outstanding calls and sums on shares have been paid where there is share capital, and attach any governmental authorisation when presentation is by members authorised by the Central Government; specified forms apply to each petition type.
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Provisions expressly mentioned in the judgment/order text.
Oppression and mismanagement petitions: consent, member schedules, annexures and court leave govern petition procedure under company law.
Procedural rules require that a petition for oppression or mismanagement presented by entitled members annex letters of consent authorising the petitioner(s), include a Schedule of names and addresses of all members represented, state whether outstanding calls and sums on shares have been paid where there is share capital, and attach any governmental authorisation when presentation is by members authorised by the Central Government; specified forms apply to each petition type.
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