https://www.taxtmi.com/caselaws?id=287329 The appeal was dismissed by the Appellate Tribunal, affirming the National Company Law Tribunal's findings of deliberate exclusion and illegalities in the company's affairs. Board meetings and an Extra-Ordinary General Meeting were deemed invalid, rendering related resolutions null. The agreement to sell land to the fourth respondent/appellant was declared non-est, allowing for legal recourse. The Doctrine of Indoor Management was considered, and relief under Section 242 of the Companies Act, 2013, was granted to address oppression and mismanagement issues. The judgment underscored adherence to legal procedures and protection of parties' rights in corporate governance. en-us Thu, 02 Mar 2017 00:00:00 +0530 Fri, 10 Apr 2020 10:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287329 The appeal was dismissed by the Appellate Tribunal, affirming the National Company Law Tribunal's findings of deliberate exclusion and illegalities in the company's affairs. Board meetings and an Extra-Ordinary General Meeting were deemed invalid, rendering related resolutions null. The agreement to sell land to the fourth respondent/appellant was declared non-est, allowing for legal recourse. The Doctrine of Indoor Management was considered, and relief under Section 242 of the Companies Act, 2013, was granted to address oppression and mismanagement issues. The judgment underscored adherence to legal procedures and protection of parties' rights in corporate governance. Case-Laws Companies Law Thu, 02 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287329