https://www.taxtmi.com/caselaws?id=401573 A composite petition combining rectification of register claims and oppression and mismanagement relief was treated as not maintainable because the two remedies rest on different causes of action and cannot ordinarily be clubbed together. The petitioner also failed the statutory threshold for oppression relief because the record showed that he had ceased to be a shareholder before filing, so he lacked standing. The Tribunal further treated the petition as stale, since the challenged events were said to have occurred years earlier and the petition was brought after inordinate delay without sufficient bona fides. In the absence of present membership, prompt action, and supporting material, no prima facie case was made out. en-us Tue, 17 Mar 2020 00:00:00 +0530 Fri, 11 Dec 2020 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401573 A composite petition combining rectification of register claims and oppression and mismanagement relief was treated as not maintainable because the two remedies rest on different causes of action and cannot ordinarily be clubbed together. The petitioner also failed the statutory threshold for oppression relief because the record showed that he had ceased to be a shareholder before filing, so he lacked standing. The Tribunal further treated the petition as stale, since the challenged events were said to have occurred years earlier and the petition was brought after inordinate delay without sufficient bona fides. In the absence of present membership, prompt action, and supporting material, no prima facie case was made out. Case-Laws Companies Law Tue, 17 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401573