https://www.taxtmi.com/caselaws?id=199000 The Company Law Board found the respondents' actions oppressive, including the sale of Surma shares and acceptance of unpaid amounts, to create a new majority. Remedial actions were directed, potentially canceling the Surma share sale, restricting voting rights on 400 shares, holding requests for duplicate certificates, and ensuring proper registration of 177 shares. The judgment stressed maintaining the status quo pending the Gauhati High Court's final decision. en-us Thu, 29 Nov 2001 00:00:00 +0530 Fri, 16 Feb 2018 13:22:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199000 The Company Law Board found the respondents' actions oppressive, including the sale of Surma shares and acceptance of unpaid amounts, to create a new majority. Remedial actions were directed, potentially canceling the Surma share sale, restricting voting rights on 400 shares, holding requests for duplicate certificates, and ensuring proper registration of 177 shares. The judgment stressed maintaining the status quo pending the Gauhati High Court's final decision. Case-Laws Companies Law Thu, 29 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199000