https://www.taxtmi.com/caselaws?id=195843 The High Court dismissed the Company Appeal, allowing the Respondents' cross-objections. It set aside the CLB's findings on the quasi-partnership nature of the first Respondent company and the direction for adequate representation of the Appellants on the board. The Court held that the Appellants did not prove oppression or mismanagement allegations and that procedural defects in the share transfer did not warrant relief under Sections 397 and 398 of the Companies Act, 1956. en-us Tue, 28 Jul 2015 00:00:00 +0530 Mon, 13 Nov 2017 09:53:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195843 The High Court dismissed the Company Appeal, allowing the Respondents' cross-objections. It set aside the CLB's findings on the quasi-partnership nature of the first Respondent company and the direction for adequate representation of the Appellants on the board. The Court held that the Appellants did not prove oppression or mismanagement allegations and that procedural defects in the share transfer did not warrant relief under Sections 397 and 398 of the Companies Act, 1956. Case-Laws Companies Law Tue, 28 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195843