https://www.taxtmi.com/caselaws?id=278726 The Tribunal dismissed the allegations of oppression and mismanagement, finding them unsubstantiated. It ordered certain respondents to refund excess payments under Section 314 with interest. The Tribunal's decision on share valuation and interest payment was challenged but upheld. The appointment of directors was deemed legal, and business decisions were considered within management's authority. The Tribunal's jurisdiction was emphasized under the Companies Act, 2013. The appeal against findings on oppression and mismanagement was dismissed, while the appeal on share valuation and interest payment was allowed. The Tribunal's directions on valuation date and share buyout were set aside. No costs were awarded. en-us Tue, 14 Nov 2017 00:00:00 +0530 Tue, 19 Feb 2019 07:25:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278726 The Tribunal dismissed the allegations of oppression and mismanagement, finding them unsubstantiated. It ordered certain respondents to refund excess payments under Section 314 with interest. The Tribunal's decision on share valuation and interest payment was challenged but upheld. The appointment of directors was deemed legal, and business decisions were considered within management's authority. The Tribunal's jurisdiction was emphasized under the Companies Act, 2013. The appeal against findings on oppression and mismanagement was dismissed, while the appeal on share valuation and interest payment was allowed. The Tribunal's directions on valuation date and share buyout were set aside. No costs were awarded. Case-Laws Companies Law Tue, 14 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278726