https://www.taxtmi.com/caselaws?id=291306 The Tribunal held that non-members cannot seek waiver under Section 244 of the Companies Act, 2013. The appeal by a non-member seeking waiver under Section 241 due to alleged mismanagement and oppression was rejected. The Tribunal emphasized the Act's focus on members' rights in cases of oppression and mismanagement, stating that the provisions do not extend to non-members, highlighting the necessity of membership to utilize Sections 241 and 244. The appeal was dismissed, with costs awarded to the Respondent, reinforcing the importance of membership in accessing remedies for company affairs. en-us Wed, 07 Feb 2018 00:00:00 +0530 Thu, 05 Nov 2020 12:23:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291306 The Tribunal held that non-members cannot seek waiver under Section 244 of the Companies Act, 2013. The appeal by a non-member seeking waiver under Section 241 due to alleged mismanagement and oppression was rejected. The Tribunal emphasized the Act's focus on members' rights in cases of oppression and mismanagement, stating that the provisions do not extend to non-members, highlighting the necessity of membership to utilize Sections 241 and 244. The appeal was dismissed, with costs awarded to the Respondent, reinforcing the importance of membership in accessing remedies for company affairs. Case-Laws Companies Law Wed, 07 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291306