https://www.taxtmi.com/caselaws?id=109401 The HC upheld the lower court's decision, dismissing the appellants' claims of oppression and mismanagement under sections 397, 398, 402, and 403 of the Companies Act, 1956. The appellants failed to substantiate allegations of irregular share allotment, fund siphoning, and AGM irregularities. The court emphasized the lack of evidence and the appellants' unclean hands, leading to the dismissal of appeals and connected CMPs, with no costs awarded. en-us Mon, 15 Mar 2004 00:00:00 +0530 Fri, 21 Jun 2024 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109401 The HC upheld the lower court's decision, dismissing the appellants' claims of oppression and mismanagement under sections 397, 398, 402, and 403 of the Companies Act, 1956. The appellants failed to substantiate allegations of irregular share allotment, fund siphoning, and AGM irregularities. The court emphasized the lack of evidence and the appellants' unclean hands, leading to the dismissal of appeals and connected CMPs, with no costs awarded. Case-Laws Companies Law Mon, 15 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109401