https://www.taxtmi.com/caselaws?id=195290 The court found that the R3-company operated as a quasi-partnership, leading to the application of quasi-partnership principles. While some allegations of oppression were dismissed, the denial of financial information and subsequent actions were deemed oppressive. The validity of the Board meeting and EOGM was upheld, but the termination of the petitioner as a director was considered oppressive and set aside. Mismanagement claims were partially substantiated, resulting in the reinstatement of the petitioner as a director and the sale of their shares to other parties at a fair value determined by an independent valuer. en-us Mon, 05 Aug 2013 00:00:00 +0530 Wed, 25 Oct 2017 16:22:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195290 The court found that the R3-company operated as a quasi-partnership, leading to the application of quasi-partnership principles. While some allegations of oppression were dismissed, the denial of financial information and subsequent actions were deemed oppressive. The validity of the Board meeting and EOGM was upheld, but the termination of the petitioner as a director was considered oppressive and set aside. Mismanagement claims were partially substantiated, resulting in the reinstatement of the petitioner as a director and the sale of their shares to other parties at a fair value determined by an independent valuer. Case-Laws Companies Law Mon, 05 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195290