https://www.taxtmi.com/caselaws?id=103355 The High Court allowed the appeal, setting aside the trial court's order and dismissing the company petition. The court found that allegations of oppression lacked evidence, the corporate veil lifting principle was misapplied, and section 397(2)(b) requirements were unmet. The direction for the company to purchase shares was deemed unlawful and vague. en-us Thu, 07 Nov 1996 00:00:00 +0530 Wed, 22 Feb 2012 14:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103355 The High Court allowed the appeal, setting aside the trial court's order and dismissing the company petition. The court found that allegations of oppression lacked evidence, the corporate veil lifting principle was misapplied, and section 397(2)(b) requirements were unmet. The direction for the company to purchase shares was deemed unlawful and vague. Case-Laws Companies Law Thu, 07 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103355