https://www.taxtmi.com/caselaws?id=195070 The court found in favor of the petitioners, holding 17.5% equity shares in Trinity Combine Associates Private Limited, in a case involving allegations of oppression and mismanagement under sections 397/398 of the Companies Act, 1956. The court declared major decisions taken without the participation of all family directors as null and void, including the appointment of additional directors and sale of a shop. Discriminatory treatment in the vacation of shops was deemed oppressive, leading to orders for disclosure and pursuit of civil proceedings. The court directed the convening of a general body meeting for director elections, freezing of bank accounts, and recovery of dues from the respondents. en-us Wed, 07 Apr 1999 00:00:00 +0530 Fri, 13 Oct 2017 12:11:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195070 The court found in favor of the petitioners, holding 17.5% equity shares in Trinity Combine Associates Private Limited, in a case involving allegations of oppression and mismanagement under sections 397/398 of the Companies Act, 1956. The court declared major decisions taken without the participation of all family directors as null and void, including the appointment of additional directors and sale of a shop. Discriminatory treatment in the vacation of shops was deemed oppressive, leading to orders for disclosure and pursuit of civil proceedings. The court directed the convening of a general body meeting for director elections, freezing of bank accounts, and recovery of dues from the respondents. Case-Laws Companies Law Wed, 07 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195070