https://www.taxtmi.com/highlights?id=46878 Oppression and Mismanagement - POA in favour of the Bank to sell, transfer, assign, handover possession etc. to the property but Bank was unable to locate a best buyer - then Board Resolution was passed that if the guarantor repays the loan amount, the property and legal rights of company should be transferred to the guarantor - No offer was made by the appellant for purchase of property, earlier and subsequent offer would be of no use. en-us Fri, 31 May 2019 09:19:28 +0530 Fri, 31 May 2019 09:19:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46878 Oppression and Mismanagement - POA in favour of the Bank to sell, transfer, assign, handover possession etc. to the property but Bank was unable to locate a best buyer - then Board Resolution was passed that if the guarantor repays the loan amount, the property and legal rights of company should be transferred to the guarantor - No offer was made by the appellant for purchase of property, earlier and subsequent offer would be of no use. Highlights Companies Law Fri, 31 May 2019 09:19:28 +0530 https://www.taxtmi.com/highlights?id=46878