https://www.taxtmi.com/caselaws?id=99987 The court resolved a dispute over control of a family company, Ahuja Tyres (P.) Ltd., between brothers and heirs. Allegations of oppression and mismanagement led to conflicts over director appointments, issuance of shares, and financial accountability. The court ordered an audit, valuation, and buy-out of shares by brothers, with payment in installments over three years. To safeguard interests, an independent chairman was appointed, and asset alienation was restricted. Default on payments could result in winding up or buy-out options. The court dismissed certain suits and granted directions for account completion, payment, and share transfer. en-us Fri, 21 Sep 1979 00:00:00 +0530 Mon, 30 Jan 2012 18:02:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99987 The court resolved a dispute over control of a family company, Ahuja Tyres (P.) Ltd., between brothers and heirs. Allegations of oppression and mismanagement led to conflicts over director appointments, issuance of shares, and financial accountability. The court ordered an audit, valuation, and buy-out of shares by brothers, with payment in installments over three years. To safeguard interests, an independent chairman was appointed, and asset alienation was restricted. Default on payments could result in winding up or buy-out options. The court dismissed certain suits and granted directions for account completion, payment, and share transfer. Case-Laws Companies Law Fri, 21 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99987