https://www.taxtmi.com/caselaws?id=375556 Oppression and mismanagement are not established merely because a board resolution is alleged to be legally vulnerable or inconsistent with another provision. Termination of a joint development arrangement and related board resolutions require statutory oppression or prejudice, assessed through the validity of notice, participation of nominee directors, quorum, and compliance with the articles and company law framework. Where disputes over underlying agreements are pending in arbitration, observations made solely to assess oppression or mismanagement do not govern the arbitral proceedings. The allegations did not warrant interference under the company law remedy. en-us Tue, 08 Jan 2019 00:00:00 +0530 Thu, 21 Feb 2019 08:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375556 Oppression and mismanagement are not established merely because a board resolution is alleged to be legally vulnerable or inconsistent with another provision. Termination of a joint development arrangement and related board resolutions require statutory oppression or prejudice, assessed through the validity of notice, participation of nominee directors, quorum, and compliance with the articles and company law framework. Where disputes over underlying agreements are pending in arbitration, observations made solely to assess oppression or mismanagement do not govern the arbitral proceedings. The allegations did not warrant interference under the company law remedy. Case-Laws Companies Law Tue, 08 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375556