https://www.taxtmi.com/highlights?id=54453 Oppression and Mismanagement - transfer of shares of promoters - The mere undertaking of the transferees not to transfer their shares will not cure the illegality. Since, the petitioners are questioning the actions of respondent No. 1-company, non-joinder of the Trust nor its Trustees as parties is not fatal and this Tribunal has every power to conduct legal scrutiny. - Tri en-us Mon, 24 Aug 2020 11:52:19 +0530 Mon, 24 Aug 2020 11:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54453 Oppression and Mismanagement - transfer of shares of promoters - The mere undertaking of the transferees not to transfer their shares will not cure the illegality. Since, the petitioners are questioning the actions of respondent No. 1-company, non-joinder of the Trust nor its Trustees as parties is not fatal and this Tribunal has every power to conduct legal scrutiny. - Tri Highlights Companies Law Mon, 24 Aug 2020 11:52:19 +0530 https://www.taxtmi.com/highlights?id=54453