https://www.taxtmi.com/caselaws?id=397639 Oppression and mismanagement proceedings under Sections 241 and 242 may extend to a Section 8 charitable company where its affairs involve serious illegality, diversion of assets, or governance failures. Amendments to the Articles of Association made without required approval were treated as void. Property sales undertaken without the required trustee decision or General Body approval, and contrary to court directions, were treated as invalid. Member expulsions without notice, due process, or competent General Body action violated natural justice. The appellate challenge was dismissed, upholding interim administration to investigate alleged fraud and misappropriation and requiring compliance with legal and court-directed processes. en-us Thu, 23 Jul 2020 00:00:00 +0530 Mon, 04 Jan 2021 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397639 Oppression and mismanagement proceedings under Sections 241 and 242 may extend to a Section 8 charitable company where its affairs involve serious illegality, diversion of assets, or governance failures. Amendments to the Articles of Association made without required approval were treated as void. Property sales undertaken without the required trustee decision or General Body approval, and contrary to court directions, were treated as invalid. Member expulsions without notice, due process, or competent General Body action violated natural justice. The appellate challenge was dismissed, upholding interim administration to investigate alleged fraud and misappropriation and requiring compliance with legal and court-directed processes. Case-Laws Companies Law Thu, 23 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397639