https://www.taxtmi.com/caselaws?id=103047 The court determined that the respondent-company was akin to a partnership, the issuance of additional shares was oppressive, the construction of residential flats was unauthorized, and the company's affairs were conducted oppressively towards the petitioner. Consequently, the court ordered the purchase of the petitioner's shares by respondent Nos. 2 to 6 at a specified value under section 402(b) of the Companies Act, granting relief to the petitioner and disposing of the company petition accordingly. en-us Mon, 22 Jan 1996 00:00:00 +0530 Mon, 20 Feb 2012 14:27:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103047 The court determined that the respondent-company was akin to a partnership, the issuance of additional shares was oppressive, the construction of residential flats was unauthorized, and the company's affairs were conducted oppressively towards the petitioner. Consequently, the court ordered the purchase of the petitioner's shares by respondent Nos. 2 to 6 at a specified value under section 402(b) of the Companies Act, granting relief to the petitioner and disposing of the company petition accordingly. Case-Laws Companies Law Mon, 22 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103047