https://www.taxtmi.com/caselaws?id=337382 The petitioner was removed as a director following statutory requirements, found valid by the tribunal. The removal was deemed justified, not oppressive. Amendments to the Articles of Association were held valid, not oppressive. Share allotments and resignations were also considered lawful. Despite no oppression found, relief under Section 402 was granted for the purchase of the petitioner's shares. The petition was disposed of with directions for share purchase, with no oppression or mismanagement established by the respondents. en-us Mon, 07 Nov 2016 00:00:00 +0530 Sat, 07 Jan 2017 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337382 The petitioner was removed as a director following statutory requirements, found valid by the tribunal. The removal was deemed justified, not oppressive. Amendments to the Articles of Association were held valid, not oppressive. Share allotments and resignations were also considered lawful. Despite no oppression found, relief under Section 402 was granted for the purchase of the petitioner's shares. The petition was disposed of with directions for share purchase, with no oppression or mismanagement established by the respondents. Case-Laws Companies Law Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337382