https://www.taxtmi.com/caselaws?id=341859 The tribunal ruled in favor of the petitioner, declaring the transfer of shares as illegal and void due to lack of documentation and consideration. The respondents were directed to rectify the register of members and purchase the petitioner's shares at fair value, addressing the issues of oppression and mismanagement. The petition was deemed timely filed within the limitation period, emphasizing the significance of maintaining proper records in corporate governance. en-us Mon, 21 Nov 2016 00:00:00 +0530 Wed, 19 Apr 2017 07:04:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341859 The tribunal ruled in favor of the petitioner, declaring the transfer of shares as illegal and void due to lack of documentation and consideration. The respondents were directed to rectify the register of members and purchase the petitioner's shares at fair value, addressing the issues of oppression and mismanagement. The petition was deemed timely filed within the limitation period, emphasizing the significance of maintaining proper records in corporate governance. Case-Laws Companies Law Mon, 21 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341859