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    <title>2002 (8) TMI 869 - COMPANY LAW BOARD, CHENNAI</title>
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    <description>The Board acknowledged the petitioner&#039;s exclusion from management but found other allegations unsubstantiated. Despite this, the Board directed the company to repurchase the petitioner&#039;s shares at par value due to his past association with the firm, emphasizing equitable treatment. The focus was on company affairs and shareholder relations, with instructions for timely payment and share transfer procedures. The petition was dismissed with no costs, resolving the dispute through a share repurchase arrangement to address grievances and ensure fairness in the company&#039;s affairs.</description>
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    <pubDate>Fri, 09 Aug 2002 00:00:00 +0530</pubDate>
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      <description>The Board acknowledged the petitioner&#039;s exclusion from management but found other allegations unsubstantiated. Despite this, the Board directed the company to repurchase the petitioner&#039;s shares at par value due to his past association with the firm, emphasizing equitable treatment. The focus was on company affairs and shareholder relations, with instructions for timely payment and share transfer procedures. The petition was dismissed with no costs, resolving the dispute through a share repurchase arrangement to address grievances and ensure fairness in the company&#039;s affairs.</description>
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