https://www.taxtmi.com/caselaws?id=258496 The petition under Sections 397 & 398 of the Companies Act, alleging oppressive and prejudicial acts by the second respondent, was dismissed. The Bench found no evidence of actions against the petitioner's interests, emphasizing the necessity of proving harm for relief under these sections. The absence of malafide intent and insufficient evidence led to the dismissal of the petition without costs, highlighting the importance of demonstrating oppressive and prejudicial conduct to succeed in such cases. en-us Fri, 11 Jul 2014 00:00:00 +0530 Sat, 11 Apr 2015 01:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258496 The petition under Sections 397 & 398 of the Companies Act, alleging oppressive and prejudicial acts by the second respondent, was dismissed. The Bench found no evidence of actions against the petitioner's interests, emphasizing the necessity of proving harm for relief under these sections. The absence of malafide intent and insufficient evidence led to the dismissal of the petition without costs, highlighting the importance of demonstrating oppressive and prejudicial conduct to succeed in such cases. Case-Laws Companies Law Fri, 11 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258496