https://www.taxtmi.com/caselaws?id=98813 Relief for oppressive conduct under section 210 of the Companies Act 1948 requires conduct that is operative as oppression in the management of the company and is exercised or threatened through dominant power unfairly against the minority. An allotment made as part of a bona fide financing package to keep the company afloat was not oppressive. Excessive directors' remuneration and bonuses, without proof of use of majority power to compel unfair submission, also did not amount to oppression. Nor did deletion of a loan account entry or failure to give notice of meetings, which were at most irregularities. Such matters were insufficient to sustain section 210 relief. en-us Wed, 05 May 1971 00:00:00 +0530 Fri, 16 Feb 2018 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98813 Relief for oppressive conduct under section 210 of the Companies Act 1948 requires conduct that is operative as oppression in the management of the company and is exercised or threatened through dominant power unfairly against the minority. An allotment made as part of a bona fide financing package to keep the company afloat was not oppressive. Excessive directors' remuneration and bonuses, without proof of use of majority power to compel unfair submission, also did not amount to oppression. Nor did deletion of a loan account entry or failure to give notice of meetings, which were at most irregularities. Such matters were insufficient to sustain section 210 relief. Case-Laws Companies Law Wed, 05 May 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98813