https://www.taxtmi.com/caselaws?id=349977 The tribunal dismissed the petition under Sections 397/398 of the Companies Act, 1956, as the petitioners failed to challenge a past concluded transaction in a timely manner, had alternative remedies available, and did not establish grounds for winding up the company on just and equitable grounds. Both parties were found to have withheld relevant information, leading to the lack of entitlement to relief under the mentioned sections. en-us Tue, 19 Sep 2017 00:00:00 +0530 Sat, 28 Oct 2017 08:17:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349977 The tribunal dismissed the petition under Sections 397/398 of the Companies Act, 1956, as the petitioners failed to challenge a past concluded transaction in a timely manner, had alternative remedies available, and did not establish grounds for winding up the company on just and equitable grounds. Both parties were found to have withheld relevant information, leading to the lack of entitlement to relief under the mentioned sections. Case-Laws Companies Law Tue, 19 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349977