https://www.taxtmi.com/caselaws?id=102688 The court dismissed both Company Petition No. 12 of 1982 and Company Petition No. 13 of 1982, finding no merit in the petitioners' allegations of oppression and mismanagement. The court upheld the validity of the AGMs and the share transfers, and found that the expenditures and donations were properly authorized and accounted for. The court also noted the inordinate delay and laches in seeking remedies, which further weakened the petitioners' case. The court directed the parties to reconcile their differences and work together in the interest of the Sanga. en-us Wed, 22 Feb 1995 00:00:00 +0530 Wed, 15 Feb 2012 17:14:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102688 The court dismissed both Company Petition No. 12 of 1982 and Company Petition No. 13 of 1982, finding no merit in the petitioners' allegations of oppression and mismanagement. The court upheld the validity of the AGMs and the share transfers, and found that the expenditures and donations were properly authorized and accounted for. The court also noted the inordinate delay and laches in seeking remedies, which further weakened the petitioners' case. The court directed the parties to reconcile their differences and work together in the interest of the Sanga. Case-Laws Companies Law Wed, 22 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102688