https://www.taxtmi.com/caselaws?id=198948 A company petition under Sections 397 and 398 of the Companies Act, 1956 was not liable to be rejected at the threshold for want of detailed pleadings. The Board held that the petition had to be tested on the allegations pleaded as a whole, and that the statutory scheme did not require the same form of express averment as under Section 83 of the Representation of the People Act. Allegations of oppressive management, exclusion from control, misappropriation, diversion of business, and obstruction in running the company were sufficient to require factual examination. The objection could not be treated as a pure demurrer, and dismissal in limini was refused. en-us Wed, 20 Oct 2004 00:00:00 +0530 Wed, 14 Feb 2018 15:16:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198948 A company petition under Sections 397 and 398 of the Companies Act, 1956 was not liable to be rejected at the threshold for want of detailed pleadings. The Board held that the petition had to be tested on the allegations pleaded as a whole, and that the statutory scheme did not require the same form of express averment as under Section 83 of the Representation of the People Act. Allegations of oppressive management, exclusion from control, misappropriation, diversion of business, and obstruction in running the company were sufficient to require factual examination. The objection could not be treated as a pure demurrer, and dismissal in limini was refused. Case-Laws Companies Law Wed, 20 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198948