https://www.taxtmi.com/caselaws?id=400685 The appeal challenging the waiver granted by the National Company Law Tribunal under Section 244 of the Companies Act, 2013 was dismissed. The Tribunal upheld the waiver, allowing the respondent to file a company petition under Section 241 read with Section 242. The Tribunal found that the respondent's allegations of oppression and mismanagement, along with the validity of the consent affidavits and the removal of the respondent as Managing Director, warranted a detailed inquiry and could not be dismissed at the threshold. en-us Tue, 10 Nov 2020 00:00:00 +0530 Mon, 04 Jan 2021 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400685 The appeal challenging the waiver granted by the National Company Law Tribunal under Section 244 of the Companies Act, 2013 was dismissed. The Tribunal upheld the waiver, allowing the respondent to file a company petition under Section 241 read with Section 242. The Tribunal found that the respondent's allegations of oppression and mismanagement, along with the validity of the consent affidavits and the removal of the respondent as Managing Director, warranted a detailed inquiry and could not be dismissed at the threshold. Case-Laws Companies Law Tue, 10 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400685