https://www.taxtmi.com/caselaws?id=199318 The court found in favor of the petitioners, holding that the exclusionary allotment of shares constituted oppression in a family company with a history of equal shareholding. The court directed that the petitioners' group should receive 33.33% of the newly allotted shares and be given the option to acquire these shares from the respondents. The relief granted aimed to restore parity among shareholders and address the acts of oppression and mismanagement, without setting aside the allotments. en-us Tue, 12 Feb 2002 00:00:00 +0530 Mon, 26 Feb 2018 13:28:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199318 The court found in favor of the petitioners, holding that the exclusionary allotment of shares constituted oppression in a family company with a history of equal shareholding. The court directed that the petitioners' group should receive 33.33% of the newly allotted shares and be given the option to acquire these shares from the respondents. The relief granted aimed to restore parity among shareholders and address the acts of oppression and mismanagement, without setting aside the allotments. Case-Laws Companies Law Tue, 12 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199318