https://www.taxtmi.com/caselaws?id=352292 Maintainability of an oppression-and-mismanagement petition depends on the petitioners continuing to hold the requisite shareholder interest at the time of filing; where the share transfer forms and resignation documents were acted upon and the petitioners had ceased to be shareholders, the petition cannot proceed. Allegations of forgery must be proved by the party asserting them, and unsupported oral assertions will not displace duly executed documentary records. The commentary also notes that surrounding conduct consistent with transfer and resignation weakens claims of oppression, mismanagement, or unlawful exclusion. en-us Tue, 14 Nov 2017 00:00:00 +0530 Tue, 12 Dec 2017 09:31:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352292 Maintainability of an oppression-and-mismanagement petition depends on the petitioners continuing to hold the requisite shareholder interest at the time of filing; where the share transfer forms and resignation documents were acted upon and the petitioners had ceased to be shareholders, the petition cannot proceed. Allegations of forgery must be proved by the party asserting them, and unsupported oral assertions will not displace duly executed documentary records. The commentary also notes that surrounding conduct consistent with transfer and resignation weakens claims of oppression, mismanagement, or unlawful exclusion. Case-Laws Companies Law Tue, 14 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352292