https://www.taxtmi.com/caselaws?id=103229 The Supreme Court granted special leave to appeal from a High Court order in a case involving allegations of minority shareholder oppression due to a collaboration arrangement. The Court clarified that the Company Law Board's order did not restrict preparatory steps for collaboration and only required shareholder approval for issuing shares to the collaborator. Consequently, the Supreme Court set aside the High Court's order, vacated the stay order, and directed the withdrawal of the writ petition, emphasizing the scope of the CLB's directions. en-us Fri, 15 Jul 1994 00:00:00 +0530 Mon, 09 Sep 2013 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103229 The Supreme Court granted special leave to appeal from a High Court order in a case involving allegations of minority shareholder oppression due to a collaboration arrangement. The Court clarified that the Company Law Board's order did not restrict preparatory steps for collaboration and only required shareholder approval for issuing shares to the collaborator. Consequently, the Supreme Court set aside the High Court's order, vacated the stay order, and directed the withdrawal of the writ petition, emphasizing the scope of the CLB's directions. Case-Laws Companies Law Fri, 15 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103229