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    <title>2021 (4) TMI 1061 - NATIONAL COMPANY LAW TRIBUNAL , BENGALURU BENCH</title>
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    <description>The Tribunal held that the Petitioners&#039; composite petition under Sections 397/398 of the Companies Act was not maintainable as they ceased to be shareholders in 2008. The Tribunal found the share transfers legal, dismissed allegations of oppression and mismanagement, and rejected the Petitioners&#039; claims due to lack of clean hands, laches, and limitation. The petition was dismissed, and all related applications were rejected, with no costs awarded.</description>
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      <description>The Tribunal held that the Petitioners&#039; composite petition under Sections 397/398 of the Companies Act was not maintainable as they ceased to be shareholders in 2008. The Tribunal found the share transfers legal, dismissed allegations of oppression and mismanagement, and rejected the Petitioners&#039; claims due to lack of clean hands, laches, and limitation. The petition was dismissed, and all related applications were rejected, with no costs awarded.</description>
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