https://www.taxtmi.com/caselaws?id=289433 The court found merit in the petitioner's allegations of oppression and mismanagement under sections 397/398 of the Companies Act, 1956, against the Chiripal group in the affairs of Vraj Integrated Textile Park Ltd. The court granted ad-interim injunctions and appointed a Special Officer-cum-Observer, auditors, and company secretaries to oversee the company's affairs, verify fund utilization, and ensure compliance with the Companies Act. The petitioner was also given liberty to amend the company petition to include subsequent events. en-us Mon, 04 Mar 2013 00:00:00 +0530 Thu, 30 Jul 2020 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289433 The court found merit in the petitioner's allegations of oppression and mismanagement under sections 397/398 of the Companies Act, 1956, against the Chiripal group in the affairs of Vraj Integrated Textile Park Ltd. The court granted ad-interim injunctions and appointed a Special Officer-cum-Observer, auditors, and company secretaries to oversee the company's affairs, verify fund utilization, and ensure compliance with the Companies Act. The petitioner was also given liberty to amend the company petition to include subsequent events. Case-Laws Companies Law Mon, 04 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289433