https://www.taxtmi.com/caselaws?id=97860 The court found in favor of the petitioners, non-trading shareholders, in a case involving oppression and amendments to the articles of association. The court determined that the non-trading shareholders were subjected to oppressive conduct and their statutory rights were violated. As a remedy, the court directed the company to purchase the shares of non-trading members within three months, resulting in a reduction of the company's share capital. The court allowed the petition, ordering relief for the non-trading shareholders and emphasizing the importance of protecting shareholders' rights. en-us Tue, 21 Mar 1961 00:00:00 +0530 Wed, 18 Jan 2012 13:24:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97860 The court found in favor of the petitioners, non-trading shareholders, in a case involving oppression and amendments to the articles of association. The court determined that the non-trading shareholders were subjected to oppressive conduct and their statutory rights were violated. As a remedy, the court directed the company to purchase the shares of non-trading members within three months, resulting in a reduction of the company's share capital. The court allowed the petition, ordering relief for the non-trading shareholders and emphasizing the importance of protecting shareholders' rights. Case-Laws Companies Law Tue, 21 Mar 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97860