https://www.taxtmi.com/caselaws?id=361905 The Tribunal dismissed all three appeals, granting a waiver of clause (a) and (b) of section 244 for the original applicant to file a petition under section 241 of the Companies Act, 2013. The Tribunal found exceptional circumstances warranting the waiver in the interest of justice, allowing the applicant to pursue relief for alleged oppression and mismanagement by the respondents. The pending civil suit with similar claims did not preclude the waiver application. Appellant no. 5, a third-party purchaser, was considered to have a role justifying the grant of waiver. en-us Tue, 24 Apr 2018 00:00:00 +0530 Thu, 15 Nov 2018 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361905 The Tribunal dismissed all three appeals, granting a waiver of clause (a) and (b) of section 244 for the original applicant to file a petition under section 241 of the Companies Act, 2013. The Tribunal found exceptional circumstances warranting the waiver in the interest of justice, allowing the applicant to pursue relief for alleged oppression and mismanagement by the respondents. The pending civil suit with similar claims did not preclude the waiver application. Appellant no. 5, a third-party purchaser, was considered to have a role justifying the grant of waiver. Case-Laws Companies Law Tue, 24 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361905