https://www.taxtmi.com/caselaws?id=336851 The Tribunal dismissed the petition and the application to add a new party, citing non-compliance with shareholding requirements under Section 399 of the Companies Act, 1956, and the lack of legal standing for one of the petitioners. The petitioners did not meet the necessary shareholding threshold or have the legal authority to file under Sections 397 and 398, making the petition and related applications non-maintainable. No costs were awarded. en-us Thu, 06 Oct 2016 00:00:00 +0530 Fri, 30 Dec 2016 12:23:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336851 The Tribunal dismissed the petition and the application to add a new party, citing non-compliance with shareholding requirements under Section 399 of the Companies Act, 1956, and the lack of legal standing for one of the petitioners. The petitioners did not meet the necessary shareholding threshold or have the legal authority to file under Sections 397 and 398, making the petition and related applications non-maintainable. No costs were awarded. Case-Laws Companies Law Thu, 06 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336851