https://www.taxtmi.com/caselaws?id=275704 The petitioner subscribed to shares but did not pay the consideration. The court found that since the petitioner did not fulfill the payment requirement, the petition under Section 399 was dismissed for not being maintainable. Despite alleging oppression and mismanagement, the petitioner's failure to pay for the agreed shares led to the dismissal of the petition. en-us Wed, 21 Nov 2007 00:00:00 +0530 Sat, 13 Oct 2018 10:16:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275704 The petitioner subscribed to shares but did not pay the consideration. The court found that since the petitioner did not fulfill the payment requirement, the petition under Section 399 was dismissed for not being maintainable. Despite alleging oppression and mismanagement, the petitioner's failure to pay for the agreed shares led to the dismissal of the petition. Case-Laws Companies Law Wed, 21 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275704