https://www.taxtmi.com/caselaws?id=236098 A private family company with equal shareholding and no outsider participation may be treated as a quasi partnership, attracting equitable principles in oppression and mismanagement disputes. Shareholders and directors are entitled to inspect company records and registers where their status is recognised, and refusal without justification is not sustainable. The forum cannot be used to specifically enforce a private family settlement, as such relief lies outside the internal affairs of the company and may fall within separate civil proceedings. Unsupported prayers for declarations or restraints on past resolutions and property dealings were rejected, while the proceeding was otherwise disposed of with no order as to costs. en-us Wed, 05 Oct 2011 00:00:00 +0530 Wed, 14 Aug 2013 08:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236098 A private family company with equal shareholding and no outsider participation may be treated as a quasi partnership, attracting equitable principles in oppression and mismanagement disputes. Shareholders and directors are entitled to inspect company records and registers where their status is recognised, and refusal without justification is not sustainable. The forum cannot be used to specifically enforce a private family settlement, as such relief lies outside the internal affairs of the company and may fall within separate civil proceedings. Unsupported prayers for declarations or restraints on past resolutions and property dealings were rejected, while the proceeding was otherwise disposed of with no order as to costs. Case-Laws Companies Law Wed, 05 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236098