https://www.taxtmi.com/caselaws?id=187000 The court found in favor of the petitioner, declaring the alleged acts of oppression and mismanagement by the second respondent as well as the validity of the transfer of shares to the third respondent null and void. The petitioner's removal as a director was also deemed invalid, and the appointment of the third respondent as a director was set aside. The court directed the rectification of the register of members and outlined a procedure for the division of assets and liabilities due to a deadlock situation between the parties. en-us Mon, 02 Mar 2009 00:00:00 +0530 Thu, 06 Oct 2016 12:59:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187000 The court found in favor of the petitioner, declaring the alleged acts of oppression and mismanagement by the second respondent as well as the validity of the transfer of shares to the third respondent null and void. The petitioner's removal as a director was also deemed invalid, and the appointment of the third respondent as a director was set aside. The court directed the rectification of the register of members and outlined a procedure for the division of assets and liabilities due to a deadlock situation between the parties. Case-Laws Companies Law Mon, 02 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187000