https://www.taxtmi.com/caselaws?id=350544 The National Company Law Appellate Tribunal allowed two appeals challenging orders granting waivers under Section 244 of the Companies Act, 2013, finding that the waivers were granted without proper evaluation of exceptional circumstances and the merits of the applications under Section 241 related to 'oppression and mismanagement'. The Appellate Tribunal set aside the orders and remitted the cases for reconsideration, emphasizing the need for a judicial and reasoned decision when granting waivers to ensure fairness and justice in cases of oppression and mismanagement. No costs were awarded, and no interim relief was granted to the respondents. en-us Thu, 05 Oct 2017 00:00:00 +0530 Thu, 07 Feb 2019 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350544 The National Company Law Appellate Tribunal allowed two appeals challenging orders granting waivers under Section 244 of the Companies Act, 2013, finding that the waivers were granted without proper evaluation of exceptional circumstances and the merits of the applications under Section 241 related to 'oppression and mismanagement'. The Appellate Tribunal set aside the orders and remitted the cases for reconsideration, emphasizing the need for a judicial and reasoned decision when granting waivers to ensure fairness and justice in cases of oppression and mismanagement. No costs were awarded, and no interim relief was granted to the respondents. Case-Laws Companies Law Thu, 05 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350544