https://www.taxtmi.com/caselaws?id=194998 The court dismissed the petition as the petitioner was found to have transferred his shares and ceased to be a shareholder, thus lacking the standing to file the petition. The court held that the petitioner did not meet the qualifications under Section 399 of the Companies Act, 1956, to maintain the petition. Consequently, the petition was deemed not maintainable, interim orders were vacated, pending applications were disposed of, and no costs were awarded. en-us Fri, 20 Nov 2015 00:00:00 +0530 Wed, 11 Oct 2017 06:08:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194998 The court dismissed the petition as the petitioner was found to have transferred his shares and ceased to be a shareholder, thus lacking the standing to file the petition. The court held that the petitioner did not meet the qualifications under Section 399 of the Companies Act, 1956, to maintain the petition. Consequently, the petition was deemed not maintainable, interim orders were vacated, pending applications were disposed of, and no costs were awarded. Case-Laws Companies Law Fri, 20 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194998