https://www.taxtmi.com/caselaws?id=267629 The High Court upheld the Company Law Board's decision in a case involving dilution of shareholding, mismanagement allegations, and appropriate relief for an exiting shareholder. The Court affirmed the CLB's findings that the reduction in the shareholder's stake was justified, dismissed claims of undervalued sales and fund diversion, and ordered the exiting shareholder to be compensated based on a profit-sharing valuation method. The appeal challenging these decisions was dismissed, and the CLB's order for the shareholder's exit with compensation was upheld. en-us Mon, 21 Sep 2015 00:00:00 +0530 Mon, 09 Nov 2015 21:46:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267629 The High Court upheld the Company Law Board's decision in a case involving dilution of shareholding, mismanagement allegations, and appropriate relief for an exiting shareholder. The Court affirmed the CLB's findings that the reduction in the shareholder's stake was justified, dismissed claims of undervalued sales and fund diversion, and ordered the exiting shareholder to be compensated based on a profit-sharing valuation method. The appeal challenging these decisions was dismissed, and the CLB's order for the shareholder's exit with compensation was upheld. Case-Laws Companies Law Mon, 21 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267629