https://www.taxtmi.com/caselaws?id=351046 Applicants with earlier shareholdings, whose grievance arose from the same allotments and cancellations as the main company petition, were found to be proper and necessary parties. The Tribunal held that impleadment was warranted to avoid parallel proceedings on the same cause of action and to ensure effective adjudication of the dispute. As no prejudice to any party was shown, the applicants were permitted to be impleaded as petitioners in the pending company petition. en-us Fri, 29 Sep 2017 00:00:00 +0530 Sat, 18 Nov 2017 12:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351046 Applicants with earlier shareholdings, whose grievance arose from the same allotments and cancellations as the main company petition, were found to be proper and necessary parties. The Tribunal held that impleadment was warranted to avoid parallel proceedings on the same cause of action and to ensure effective adjudication of the dispute. As no prejudice to any party was shown, the applicants were permitted to be impleaded as petitioners in the pending company petition. Case-Laws Companies Law Fri, 29 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351046