https://www.taxtmi.com/caselaws?id=101859 The court rejected the petition, finding it not maintainable under section 398 of the Companies Act, 1956, as the respondent was no longer in control of the company. The court emphasized that relief under section 398 requires ongoing mismanagement. Past conduct of an ex-officer cannot be a cause of action. The court advised pursuing other legal avenues for relief. No costs were awarded. en-us Mon, 26 Mar 1990 00:00:00 +0530 Sat, 11 Feb 2012 13:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101859 The court rejected the petition, finding it not maintainable under section 398 of the Companies Act, 1956, as the respondent was no longer in control of the company. The court emphasized that relief under section 398 requires ongoing mismanagement. Past conduct of an ex-officer cannot be a cause of action. The court advised pursuing other legal avenues for relief. No costs were awarded. Case-Laws Companies Law Mon, 26 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101859