https://www.taxtmi.com/caselaws?id=193528 The Supreme Court heard appeals related to a dispute over the valuation of shares and allegations of oppression and mismanagement under sections 397 and 398 of the Companies Act, 1956. The Court set aside the previous valuation due to bias and ordered revaluation at a later date. It directed the parties to appear before the Board for fresh consideration, taking into account all events up to the present date. The appellant was granted the right to raise the issue of salary and perquisites from a specific date before the Board, with both parties agreeing to expedite the resolution process. The Court allowed the appeals in part, leaving all contentions open for reconsideration by the Board. en-us Wed, 17 Sep 2008 00:00:00 +0530 Thu, 03 Aug 2017 12:40:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193528 The Supreme Court heard appeals related to a dispute over the valuation of shares and allegations of oppression and mismanagement under sections 397 and 398 of the Companies Act, 1956. The Court set aside the previous valuation due to bias and ordered revaluation at a later date. It directed the parties to appear before the Board for fresh consideration, taking into account all events up to the present date. The appellant was granted the right to raise the issue of salary and perquisites from a specific date before the Board, with both parties agreeing to expedite the resolution process. The Court allowed the appeals in part, leaving all contentions open for reconsideration by the Board. Case-Laws Companies Law Wed, 17 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193528