https://www.taxtmi.com/caselaws?id=193965 The petitioners alleged oppression and mismanagement by the respondents in the affairs of the company. The Board found the petition maintainable despite previous proceedings, as new allegations were presented. The respondents' claims of concealment were dismissed, with the Board noting their own prejudicial actions. The petitioners successfully proved oppression and mismanagement, leading to reliefs including reinstatement on the board, proportional representation, and restitution of misappropriated funds. The petition was allowed, with interim orders vacated and no costs awarded. en-us Tue, 19 Jun 2007 00:00:00 +0530 Thu, 24 Aug 2017 12:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193965 The petitioners alleged oppression and mismanagement by the respondents in the affairs of the company. The Board found the petition maintainable despite previous proceedings, as new allegations were presented. The respondents' claims of concealment were dismissed, with the Board noting their own prejudicial actions. The petitioners successfully proved oppression and mismanagement, leading to reliefs including reinstatement on the board, proportional representation, and restitution of misappropriated funds. The petition was allowed, with interim orders vacated and no costs awarded. Case-Laws Companies Law Tue, 19 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193965