https://www.taxtmi.com/caselaws?id=194124 The petitioners' claims of fraudulent removal of a director, unauthorized increase in share capital, non-provision of company documents, and false claims were dismissed by the Board. The petition was found to lack substantiation, with the petitioners being criticized for concealing material facts. The Board ruled in favor of the respondents, offering the petitioners the choice to accept a settlement or sell their stake in the company. No costs were awarded, and all interim orders were lifted. en-us Wed, 16 May 2007 00:00:00 +0530 Tue, 29 Aug 2017 18:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194124 The petitioners' claims of fraudulent removal of a director, unauthorized increase in share capital, non-provision of company documents, and false claims were dismissed by the Board. The petition was found to lack substantiation, with the petitioners being criticized for concealing material facts. The Board ruled in favor of the respondents, offering the petitioners the choice to accept a settlement or sell their stake in the company. No costs were awarded, and all interim orders were lifted. Case-Laws Companies Law Wed, 16 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194124