https://www.taxtmi.com/caselaws?id=336782 The Board found that the appointment of R3 as a director and the transfer of shares from R2 to R3 were invalid due to lack of Board approval and petitioner's consent. R3's unilateral management of the company's affairs was deemed oppressive and amounted to mismanagement. R3 was directed to refrain from dealing with the company or its hotel affairs, and the petition was disposed of accordingly. en-us Thu, 12 May 2016 00:00:00 +0530 Thu, 29 Dec 2016 07:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336782 The Board found that the appointment of R3 as a director and the transfer of shares from R2 to R3 were invalid due to lack of Board approval and petitioner's consent. R3's unilateral management of the company's affairs was deemed oppressive and amounted to mismanagement. R3 was directed to refrain from dealing with the company or its hotel affairs, and the petition was disposed of accordingly. Case-Laws Companies Law Thu, 12 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336782