https://www.taxtmi.com/caselaws?id=198999 The Board directed the respondent company to allot shares to the petitioner group on a proportionate basis, maintaining the original ratio. The respondent was instructed to offer shares within a specified timeframe, with failure to respond resulting in the offer lapsing. No costs were awarded, and the authorized capital of the company would be increased accordingly. The judgment addressed allegations of mismanagement and oppression, assessed petition maintainability, reviewed responses to the allegations, and provided a clear direction for share allotment, effectively disposing of the petition. en-us Thu, 10 Feb 2005 00:00:00 +0530 Fri, 16 Feb 2018 13:15:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198999 The Board directed the respondent company to allot shares to the petitioner group on a proportionate basis, maintaining the original ratio. The respondent was instructed to offer shares within a specified timeframe, with failure to respond resulting in the offer lapsing. No costs were awarded, and the authorized capital of the company would be increased accordingly. The judgment addressed allegations of mismanagement and oppression, assessed petition maintainability, reviewed responses to the allegations, and provided a clear direction for share allotment, effectively disposing of the petition. Case-Laws Companies Law Thu, 10 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198999