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    <title>2002 (1) TMI 1317 - COMPANY LAW BOARD NEW DELHI</title>
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    <description>The Board found acts of oppression against the petitioners, ruling that the issuance of shares without proper notice reduced their shareholding and appointment of additional directors aimed at marginalizing them. The Board directed the respondents to purchase the petitioners&#039; shares and refund the share application money based on the company&#039;s net worth as of 31-3-1998, to be paid in installments by 30-6-2003, ensuring a fair resolution of disputes.</description>
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      <description>The Board found acts of oppression against the petitioners, ruling that the issuance of shares without proper notice reduced their shareholding and appointment of additional directors aimed at marginalizing them. The Board directed the respondents to purchase the petitioners&#039; shares and refund the share application money based on the company&#039;s net worth as of 31-3-1998, to be paid in installments by 30-6-2003, ensuring a fair resolution of disputes.</description>
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