https://www.taxtmi.com/caselaws?id=398728 The tribunal dismissed the petition alleging oppression and mismanagement under the Companies Act, 2013, due to lack of concrete evidence and ongoing criminal investigations by the CID, Telangana State. The petitioners failed to substantiate their claims of misappropriation of funds and financial irregularities against the second respondent. The tribunal emphasized that ordering a separate investigation would duplicate efforts and disrupt the ongoing criminal proceedings, leading to the dismissal of the petition and vacation of interim orders without costs awarded. en-us Fri, 26 Jun 2020 00:00:00 +0530 Sat, 31 Oct 2020 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398728 The tribunal dismissed the petition alleging oppression and mismanagement under the Companies Act, 2013, due to lack of concrete evidence and ongoing criminal investigations by the CID, Telangana State. The petitioners failed to substantiate their claims of misappropriation of funds and financial irregularities against the second respondent. The tribunal emphasized that ordering a separate investigation would duplicate efforts and disrupt the ongoing criminal proceedings, leading to the dismissal of the petition and vacation of interim orders without costs awarded. Case-Laws Companies Law Fri, 26 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398728