https://www.taxtmi.com/caselaws?id=199447 The Company Law Board (CLB) dismissed the petition as the petitioners failed to prove oppression and mismanagement under Sections 397/398 of the Companies Act. The CLB also ordered reimbursement of money deposited for share repurchase upon the civil court's decision on share entitlement, emphasizing the need to safeguard the company's stability and interests. en-us Wed, 18 Feb 1998 00:00:00 +0530 Wed, 28 Feb 2018 17:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199447 The Company Law Board (CLB) dismissed the petition as the petitioners failed to prove oppression and mismanagement under Sections 397/398 of the Companies Act. The CLB also ordered reimbursement of money deposited for share repurchase upon the civil court's decision on share entitlement, emphasizing the need to safeguard the company's stability and interests. Case-Laws Companies Law Wed, 18 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199447