https://www.taxtmi.com/caselaws?id=289453 The High Court dismissed the appeal, upholding the CLB's findings that the rights issue dilution was valid, the shifting of the registered office did not cause prejudice, and the directorial disputes were resolved properly. The court emphasized the limited scope of appeal under Section 10-F of the Companies Act, 1956, and noted the appellants' delay in approaching the CLB and their unclean hands in the proceedings. No oppression or mismanagement was established, and the appellants were ordered to pay costs of Rs. 2 lakhs within four weeks. en-us Sat, 24 Feb 2018 00:00:00 +0530 Fri, 31 Jul 2020 08:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289453 The High Court dismissed the appeal, upholding the CLB's findings that the rights issue dilution was valid, the shifting of the registered office did not cause prejudice, and the directorial disputes were resolved properly. The court emphasized the limited scope of appeal under Section 10-F of the Companies Act, 1956, and noted the appellants' delay in approaching the CLB and their unclean hands in the proceedings. No oppression or mismanagement was established, and the appellants were ordered to pay costs of Rs. 2 lakhs within four weeks. Case-Laws Companies Law Sat, 24 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289453