https://www.taxtmi.com/caselaws?id=98751 Relief for oppression under the Companies Act requires continuous, burdensome, wrongful conduct affecting a member's rights, together with circumstances showing that winding up would otherwise be justified but would unfairly prejudice the petitioner. Mere family friction, correspondence, or dissatisfaction with management is insufficient. The just and equitable winding-up ground requires a business-related and justifiable lack of confidence, not a personal dispute; deadlock exists only where management cannot function at all. Temporary stoppage of operations, creditor complaints, or isolated management issues do not by themselves establish oppression, mismanagement, disappearance of substratum, or entitlement to corporate intervention. On the stated facts, the petitions were rejected. en-us Tue, 17 Mar 1970 00:00:00 +0530 Sat, 21 Jan 2012 18:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98751 Relief for oppression under the Companies Act requires continuous, burdensome, wrongful conduct affecting a member's rights, together with circumstances showing that winding up would otherwise be justified but would unfairly prejudice the petitioner. Mere family friction, correspondence, or dissatisfaction with management is insufficient. The just and equitable winding-up ground requires a business-related and justifiable lack of confidence, not a personal dispute; deadlock exists only where management cannot function at all. Temporary stoppage of operations, creditor complaints, or isolated management issues do not by themselves establish oppression, mismanagement, disappearance of substratum, or entitlement to corporate intervention. On the stated facts, the petitions were rejected. Case-Laws Companies Law Tue, 17 Mar 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98751