https://www.taxtmi.com/caselaws?id=329519 Section 399 requires petitioners seeking oppression, mismanagement and rectification relief to satisfy the prescribed membership or shareholding threshold. Trust shareholdings cannot support standing without continuing trustee authority and valid authorisation. Board actions concerning casual vacancies, additional directors, share transmission on death and managing-director appointments may be sustained where they conform to the articles and statutory requirements, particularly where the challenger had knowledge and acquiesced. Disputed share title and inheritance issues pending in civil proceedings are not suitable for final determination in oppression proceedings. Oppression requires continuous burdensome or wrongful conduct, while mismanagement requires prejudice to the company or members; ancillary inspection relief depends on an independent legal entitlement or sustainable substantive claim. en-us Mon, 30 May 2016 00:00:00 +0530 Mon, 04 Jul 2016 16:46:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329519 Section 399 requires petitioners seeking oppression, mismanagement and rectification relief to satisfy the prescribed membership or shareholding threshold. Trust shareholdings cannot support standing without continuing trustee authority and valid authorisation. Board actions concerning casual vacancies, additional directors, share transmission on death and managing-director appointments may be sustained where they conform to the articles and statutory requirements, particularly where the challenger had knowledge and acquiesced. Disputed share title and inheritance issues pending in civil proceedings are not suitable for final determination in oppression proceedings. Oppression requires continuous burdensome or wrongful conduct, while mismanagement requires prejudice to the company or members; ancillary inspection relief depends on an independent legal entitlement or sustainable substantive claim. Case-Laws Companies Law Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329519