https://www.taxtmi.com/caselaws?id=197759 The court found that the nominee directors of the State Government acted oppressively towards minority shareholders and against the company's interest. Specific directions were given to protect minority shareholders and ensure company functioning. The petitioners' request for majority shares was denied, emphasizing the need for harmonious cooperation between parties for the company's benefit. en-us Thu, 06 May 2004 00:00:00 +0530 Mon, 15 Jan 2018 14:37:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197759 The court found that the nominee directors of the State Government acted oppressively towards minority shareholders and against the company's interest. Specific directions were given to protect minority shareholders and ensure company functioning. The petitioners' request for majority shares was denied, emphasizing the need for harmonious cooperation between parties for the company's benefit. Case-Laws Companies Law Thu, 06 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197759