https://www.taxtmi.com/caselaws?id=103213 Allegations of unauthorised reduction of share capital, oppression and mismanagement, and removal from management were treated as disputes better addressed under the remedies governing oppression and mismanagement. Winding up under section 433(f) of the Companies Act, 1956 was described as an extreme remedy, available only where there is no practical possibility of redressing the grievances. On the pleaded facts, the court found no just and equitable ground for winding up and held that the petition was not maintainable. en-us Fri, 20 Aug 1993 00:00:00 +0530 Tue, 21 Feb 2012 15:41:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103213 Allegations of unauthorised reduction of share capital, oppression and mismanagement, and removal from management were treated as disputes better addressed under the remedies governing oppression and mismanagement. Winding up under section 433(f) of the Companies Act, 1956 was described as an extreme remedy, available only where there is no practical possibility of redressing the grievances. On the pleaded facts, the court found no just and equitable ground for winding up and held that the petition was not maintainable. Case-Laws Companies Law Fri, 20 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103213