https://www.taxtmi.com/caselaws?id=100161 The court found no oppression under Sections 397 and 398 of the Companies Act but intervened under Section 398 due to prejudicial conduct, resolving the deadlock by offering shareholders options to buy shares. The court emphasized equitable jurisdiction to prevent future disputes and ensure smooth company management. en-us Fri, 06 Nov 1981 00:00:00 +0530 Tue, 31 Jan 2012 14:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100161 The court found no oppression under Sections 397 and 398 of the Companies Act but intervened under Section 398 due to prejudicial conduct, resolving the deadlock by offering shareholders options to buy shares. The court emphasized equitable jurisdiction to prevent future disputes and ensure smooth company management. Case-Laws Companies Law Fri, 06 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100161