https://www.taxtmi.com/caselaws?id=237223 The court dismissed the company petition, finding that Premier Roller Flour Mills is an unlisted company, and the petitioners failed to prove otherwise. The petitioners' claims of oppression and mismanagement were rejected as they were estopped from challenging the transfer of shares, having received benefits and ratified the transfer through a compromise deed. The court concluded that the petitioners did not meet the criteria to file the petition under the relevant Act, and their actions were deemed as forum shopping with ulterior motives. All interim orders were vacated, and pending applications closed, with no costs awarded to the petitioners. en-us Wed, 04 Apr 2012 00:00:00 +0530 Thu, 30 Jul 2015 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237223 The court dismissed the company petition, finding that Premier Roller Flour Mills is an unlisted company, and the petitioners failed to prove otherwise. The petitioners' claims of oppression and mismanagement were rejected as they were estopped from challenging the transfer of shares, having received benefits and ratified the transfer through a compromise deed. The court concluded that the petitioners did not meet the criteria to file the petition under the relevant Act, and their actions were deemed as forum shopping with ulterior motives. All interim orders were vacated, and pending applications closed, with no costs awarded to the petitioners. Case-Laws Companies Law Wed, 04 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237223