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    <title>1999 (4) TMI 629 - COMPANY LAW BOARD, NEW DELHI BENCH</title>
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    <description>The petitioner alleged oppression and mismanagement in Hymatic Agro Equipment Private Limited due to internal disputes post the father&#039;s death. The removal of the petitioner as a director without proper notice was considered oppressive, but no specific directions were given to avoid further conflict. The company was directed to hold board meetings as required by law. The transmission of shares from the deceased father to the mother was contested without a specific prayer for relief. The Board suggested the petitioner sell shares to resolve disputes, with an independent valuer determining the share price. Both parties were to suggest a valuer for appointment.</description>
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    <pubDate>Mon, 12 Apr 1999 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=193559</link>
      <description>The petitioner alleged oppression and mismanagement in Hymatic Agro Equipment Private Limited due to internal disputes post the father&#039;s death. The removal of the petitioner as a director without proper notice was considered oppressive, but no specific directions were given to avoid further conflict. The company was directed to hold board meetings as required by law. The transmission of shares from the deceased father to the mother was contested without a specific prayer for relief. The Board suggested the petitioner sell shares to resolve disputes, with an independent valuer determining the share price. Both parties were to suggest a valuer for appointment.</description>
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