https://www.taxtmi.com/caselaws?id=199382 The court dismissed the petition alleging oppression and mismanagement, diversion of company funds, proposed increase in share capital, fictitious liabilities and payments, adequacy of profits and dividends, appointment of Managing Director, and issuance of right shares. The petitioners failed to substantiate their claims, and the respondents' explanations were accepted. The court suggested the respondents consider purchasing the petitioners' shares to prevent future disputes. No costs were awarded. en-us Tue, 16 Jun 1998 00:00:00 +0530 Tue, 27 Feb 2018 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199382 The court dismissed the petition alleging oppression and mismanagement, diversion of company funds, proposed increase in share capital, fictitious liabilities and payments, adequacy of profits and dividends, appointment of Managing Director, and issuance of right shares. The petitioners failed to substantiate their claims, and the respondents' explanations were accepted. The court suggested the respondents consider purchasing the petitioners' shares to prevent future disputes. No costs were awarded. Case-Laws Companies Law Tue, 16 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199382