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    <title>2011 (9) TMI 1167 - Company Law Board, New Delhi</title>
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    <description>The CLB found in favor of the petitioner, a promoter director, in a case involving allegations of oppression and mismanagement by respondent No. 1. Unauthorized actions, including changes in share capital, allotment of shares, and appointment of directors, were annulled. Respondent No. 1 was directed to restore funds siphoned from company accounts, and unauthorized actions were set aside. Costs were awarded to the petitioner, and all interim orders were vacated.</description>
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    <pubDate>Tue, 13 Sep 2011 00:00:00 +0530</pubDate>
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      <title>2011 (9) TMI 1167 - Company Law Board, New Delhi</title>
      <link>https://www.taxtmi.com/caselaws?id=272966</link>
      <description>The CLB found in favor of the petitioner, a promoter director, in a case involving allegations of oppression and mismanagement by respondent No. 1. Unauthorized actions, including changes in share capital, allotment of shares, and appointment of directors, were annulled. Respondent No. 1 was directed to restore funds siphoned from company accounts, and unauthorized actions were set aside. Costs were awarded to the petitioner, and all interim orders were vacated.</description>
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      <pubDate>Tue, 13 Sep 2011 00:00:00 +0530</pubDate>
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