https://www.taxtmi.com/caselaws?id=195138 The High Court dismissed the appeal challenging the Company Law Board's order related to allegations of oppression and mismanagement in a company. The Court emphasized the limited scope of appeal under Section 10-F of the Companies Act to questions of law and upheld the Board's decision. The Court noted that unless the Board's findings are perverse, based on no evidence, or arbitrary, interference is not warranted, as the Board is the final authority on facts. The appeal was dismissed with liberty for the appellants to file a fresh application if needed, as the issues raised were deemed factual and did not involve substantial legal questions. en-us Wed, 14 Jan 2015 00:00:00 +0530 Tue, 17 Oct 2017 08:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195138 The High Court dismissed the appeal challenging the Company Law Board's order related to allegations of oppression and mismanagement in a company. The Court emphasized the limited scope of appeal under Section 10-F of the Companies Act to questions of law and upheld the Board's decision. The Court noted that unless the Board's findings are perverse, based on no evidence, or arbitrary, interference is not warranted, as the Board is the final authority on facts. The appeal was dismissed with liberty for the appellants to file a fresh application if needed, as the issues raised were deemed factual and did not involve substantial legal questions. Case-Laws Companies Law Wed, 14 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195138