https://www.taxtmi.com/caselaws?id=381060 The Tribunal granted the waiver to the Respondent for prosecuting a Company Petition alleging oppression and mismanagement under Section 244 of the Companies Act, 2013. The Respondent's status as a shareholder was not disputed, and evidence regarding share allotment and transfer was not produced by the Appellants. The Tribunal found substantial allegations of manipulation and fabrication, leading to the grant of waiver. The Appellants' challenge was dismissed, emphasizing the serious nature of the allegations and the Respondent's retention of "member" status despite the share capital reduction. en-us Tue, 30 Apr 2019 00:00:00 +0530 Wed, 12 Jun 2019 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381060 The Tribunal granted the waiver to the Respondent for prosecuting a Company Petition alleging oppression and mismanagement under Section 244 of the Companies Act, 2013. The Respondent's status as a shareholder was not disputed, and evidence regarding share allotment and transfer was not produced by the Appellants. The Tribunal found substantial allegations of manipulation and fabrication, leading to the grant of waiver. The Appellants' challenge was dismissed, emphasizing the serious nature of the allegations and the Respondent's retention of "member" status despite the share capital reduction. Case-Laws Companies Law Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381060