https://www.taxtmi.com/caselaws?id=293648 Eligibility to invoke oppression and mismanagement jurisdiction under the Companies Act, 2013 must be established on the basis of the original filing, including the prescribed shareholding threshold and any required written consent for a joint petition. A later-produced power of attorney did not cure the absence of contemporaneous authorization, especially where the asserted shareholding was disputed and partly sub judice. The Tribunal also noted that the petitioners had not approached the forum with clean hands. The maintainability objection was therefore upheld and the company petition was found not maintainable. en-us Fri, 18 Oct 2019 00:00:00 +0530 Sat, 16 Oct 2021 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293648 Eligibility to invoke oppression and mismanagement jurisdiction under the Companies Act, 2013 must be established on the basis of the original filing, including the prescribed shareholding threshold and any required written consent for a joint petition. A later-produced power of attorney did not cure the absence of contemporaneous authorization, especially where the asserted shareholding was disputed and partly sub judice. The Tribunal also noted that the petitioners had not approached the forum with clean hands. The maintainability objection was therefore upheld and the company petition was found not maintainable. Case-Laws Companies Law Fri, 18 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293648