https://www.taxtmi.com/caselaws?id=109282 Sections 397, 398(2) and 402 of the Companies Act, 1956 are described as conferring wide remedial powers to end oppressive conduct by crafting a company-specific arrangement affecting only existing shareholders within each company. The text also explains that a single mala fide act may amount to oppression if its effect is continuing and it deprives members of rights attached to membership, including participation in management. It further notes that invalidity of resolutions may rest on lack of proper notice, defective meetings, absence of quorum or proof of resignation, and failure to produce the original minutes book. en-us Mon, 02 Aug 2004 00:00:00 +0530 Sat, 07 Apr 2012 13:17:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109282 Sections 397, 398(2) and 402 of the Companies Act, 1956 are described as conferring wide remedial powers to end oppressive conduct by crafting a company-specific arrangement affecting only existing shareholders within each company. The text also explains that a single mala fide act may amount to oppression if its effect is continuing and it deprives members of rights attached to membership, including participation in management. It further notes that invalidity of resolutions may rest on lack of proper notice, defective meetings, absence of quorum or proof of resignation, and failure to produce the original minutes book. Case-Laws Companies Law Mon, 02 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109282