https://www.taxtmi.com/caselaws?id=106847 The court found that the Company Law Board (CLB) did not follow proper legal procedures in handling the case, leading to a miscarriage of justice. It held that allegations of mismanagement and oppression by the petitioners were proven. The court set aside CLB's findings, directed the respondent-company or shareholders to purchase minority shares, and emphasized the importance of following legal procedures to maintain public trust. en-us Thu, 18 Oct 2001 00:00:00 +0530 Tue, 06 Mar 2018 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106847 The court found that the Company Law Board (CLB) did not follow proper legal procedures in handling the case, leading to a miscarriage of justice. It held that allegations of mismanagement and oppression by the petitioners were proven. The court set aside CLB's findings, directed the respondent-company or shareholders to purchase minority shares, and emphasized the importance of following legal procedures to maintain public trust. Case-Laws Companies Law Thu, 18 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106847