https://www.taxtmi.com/caselaws?id=193530 A validly instituted oppression and mismanagement petition may be supported by later events where they are intrinsically connected to the original grievance and materially affect relief; such developments are not treated as a fresh cause of action. A petition filed before the Companies (Amendment) Act, 1988 was preserved by the saving provision, so pending jurisdiction was not displaced. Later death of parties, reduction in shareholding, and disputes over directors or share transfers did not defeat maintainability, and interim protection was justified to preserve company assets and restrain interference pending final adjudication. en-us Thu, 06 Feb 2014 00:00:00 +0530 Fri, 04 Aug 2017 07:00:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193530 A validly instituted oppression and mismanagement petition may be supported by later events where they are intrinsically connected to the original grievance and materially affect relief; such developments are not treated as a fresh cause of action. A petition filed before the Companies (Amendment) Act, 1988 was preserved by the saving provision, so pending jurisdiction was not displaced. Later death of parties, reduction in shareholding, and disputes over directors or share transfers did not defeat maintainability, and interim protection was justified to preserve company assets and restrain interference pending final adjudication. Case-Laws Companies Law Thu, 06 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193530