https://www.taxtmi.com/caselaws?id=280110 The judgment in Company Petition 71/05 found the respondents guilty of oppression and mismanagement, declaring the appointment of additional directors as null and void, the unauthorized sale of company property as illegal, and directing the return of wrongfully drawn amounts. The resolutions changing authorized bank signatories were canceled, with specific orders for compliance issued to the company. All interim orders were vacated, and the case was disposed of with no order as to costs. en-us Thu, 31 May 2007 00:00:00 +0530 Sat, 20 Apr 2019 16:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280110 The judgment in Company Petition 71/05 found the respondents guilty of oppression and mismanagement, declaring the appointment of additional directors as null and void, the unauthorized sale of company property as illegal, and directing the return of wrongfully drawn amounts. The resolutions changing authorized bank signatories were canceled, with specific orders for compliance issued to the company. All interim orders were vacated, and the case was disposed of with no order as to costs. Case-Laws Indian Laws Thu, 31 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280110