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    <description>Waiver under the proviso to section 244(1)(a) of the Companies Act, 2013 depends on the applicant&#039;s shareholding interest, the substantiality of the cause raised, and whether the proposed oppression and mismanagement petition is fit for consideration under section 241. At the waiver stage, the Tribunal confined itself to eligibility and the nature of the complaints, and did not adjudicate the merits of the proposed petition. On that basis, the applicant met the waiver requirements and was permitted to file the section 241 petition.</description>
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      <description>Waiver under the proviso to section 244(1)(a) of the Companies Act, 2013 depends on the applicant&#039;s shareholding interest, the substantiality of the cause raised, and whether the proposed oppression and mismanagement petition is fit for consideration under section 241. At the waiver stage, the Tribunal confined itself to eligibility and the nature of the complaints, and did not adjudicate the merits of the proposed petition. On that basis, the applicant met the waiver requirements and was permitted to file the section 241 petition.</description>
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