https://www.taxtmi.com/caselaws?id=194122 The petition challenging alleged oppression and mismanagement was dismissed as the petitioners were found to have transferred their shares and resigned as directors in 2004, rendering their claims invalid. The Board deemed the petition not maintainable under the Companies Act, 1956. Additionally, the petition was dismissed due to delay and laches in filing, and the petitioners were found to have manipulated records regarding their directorship. The court ordered the removal of the petitioners' names as directors and the undoing of the manipulated filing, with no costs awarded. en-us Thu, 12 Sep 2013 00:00:00 +0530 Tue, 29 Aug 2017 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194122 The petition challenging alleged oppression and mismanagement was dismissed as the petitioners were found to have transferred their shares and resigned as directors in 2004, rendering their claims invalid. The Board deemed the petition not maintainable under the Companies Act, 1956. Additionally, the petition was dismissed due to delay and laches in filing, and the petitioners were found to have manipulated records regarding their directorship. The court ordered the removal of the petitioners' names as directors and the undoing of the manipulated filing, with no costs awarded. Case-Laws Companies Law Thu, 12 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194122