https://www.taxtmi.com/caselaws?id=97919 The court appointed an administrator to oversee the affairs of a private limited company due to concerns regarding management control and allegations of oppression by the current managing director. While rejecting the winding-up petition, the court emphasized the necessity of following specific provisions of the Companies Act, particularly sections 397 and 398, when addressing internal management disputes. The judgment highlighted the importance of proper invocation of relevant legal provisions and outlined the limitations of court jurisdiction in appointing an administrator without adherence to statutory procedures. en-us Tue, 10 Apr 1962 00:00:00 +0530 Wed, 18 Jan 2012 15:41:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97919 The court appointed an administrator to oversee the affairs of a private limited company due to concerns regarding management control and allegations of oppression by the current managing director. While rejecting the winding-up petition, the court emphasized the necessity of following specific provisions of the Companies Act, particularly sections 397 and 398, when addressing internal management disputes. The judgment highlighted the importance of proper invocation of relevant legal provisions and outlined the limitations of court jurisdiction in appointing an administrator without adherence to statutory procedures. Case-Laws Companies Law Tue, 10 Apr 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97919