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    <title>2017 (12) TMI 1316 - NATIONAL COMPANY LAW TRIBUNAL, HYDERABAD</title>
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    <description>The Tribunal found the Company Petition maintainable due to acts of oppression and mismanagement by the respondents. The Board Resolution and Shareholding Transfer Agreement were deemed valid, restoring a 50:50 shareholding ratio. Respondents&#039; actions violating interim orders were declared illegal, and reliefs included maintaining interim orders until the next EGM, directing an EGM within two months, and allowing parties to raise disputes. Other reliefs were rejected, and the case was disposed of with no order as to costs.</description>
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      <description>The Tribunal found the Company Petition maintainable due to acts of oppression and mismanagement by the respondents. The Board Resolution and Shareholding Transfer Agreement were deemed valid, restoring a 50:50 shareholding ratio. Respondents&#039; actions violating interim orders were declared illegal, and reliefs included maintaining interim orders until the next EGM, directing an EGM within two months, and allowing parties to raise disputes. Other reliefs were rejected, and the case was disposed of with no order as to costs.</description>
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