https://www.taxtmi.com/caselaws?id=196346 The Company Law Board ruled in favor of the petitioner, finding the respondents' actions oppressive and constituting mismanagement. The resolutions from the board and general meetings held on May 18, 2006, were deemed illegal and voided. The allotment of shares to respondent No. 4 was canceled, and the registered office was ordered to be reinstated to its original location. The petitioner's group was granted equal representation on the board, and company bank accounts were to be operated with joint signatures. The petition was resolved without costs. en-us Tue, 05 May 2009 00:00:00 +0530 Tue, 28 Nov 2017 14:29:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196346 The Company Law Board ruled in favor of the petitioner, finding the respondents' actions oppressive and constituting mismanagement. The resolutions from the board and general meetings held on May 18, 2006, were deemed illegal and voided. The allotment of shares to respondent No. 4 was canceled, and the registered office was ordered to be reinstated to its original location. The petitioner's group was granted equal representation on the board, and company bank accounts were to be operated with joint signatures. The petition was resolved without costs. Case-Laws Companies Law Tue, 05 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196346