https://www.taxtmi.com/caselaws?id=289590 The court found in favor of the petitioner, ruling that the respondents' actions amounted to oppression and mismanagement. The increase in authorized share capital, allotment of shares, and appointment of additional directors were set aside, restoring the previous status. An investigation into the alleged siphoning off of funds by the petitioner was ordered, with directions for the petitioner to return the amounts. The petition was disposed of accordingly, and all interim orders were lifted. en-us Mon, 22 Jun 2009 00:00:00 +0530 Fri, 07 Aug 2020 16:39:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289590 The court found in favor of the petitioner, ruling that the respondents' actions amounted to oppression and mismanagement. The increase in authorized share capital, allotment of shares, and appointment of additional directors were set aside, restoring the previous status. An investigation into the alleged siphoning off of funds by the petitioner was ordered, with directions for the petitioner to return the amounts. The petition was disposed of accordingly, and all interim orders were lifted. Case-Laws Companies Law Mon, 22 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289590