https://www.taxtmi.com/caselaws?id=126939 The judgment declared the allotment of 4,94,95,000 equity shares, creation of a charge under a deed of hypothecation, appointment of a director, change of registered office, removal of a director, and allotment of 500 shares as null and void due to illegality. The court found in favor of the petitioners, concluding a case of oppression and mismanagement under sections 397, 398, and 402 of the Companies Act, 1956, without costs, and directed the Registrar of Companies to take necessary actions. en-us Thu, 23 Sep 2010 00:00:00 +0530 Wed, 06 Feb 2013 14:37:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126939 The judgment declared the allotment of 4,94,95,000 equity shares, creation of a charge under a deed of hypothecation, appointment of a director, change of registered office, removal of a director, and allotment of 500 shares as null and void due to illegality. The court found in favor of the petitioners, concluding a case of oppression and mismanagement under sections 397, 398, and 402 of the Companies Act, 1956, without costs, and directed the Registrar of Companies to take necessary actions. Case-Laws Companies Law Thu, 23 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126939