<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Majority Decision Upheld in Company Mismanagement Case; Director&#039;s Removal Not Oppression Due to Absenteeism.</title>
    <link>https://www.taxtmi.com/highlights?id=58013</link>
    <description>Allegation of oppression and mismanagement - The decision of the majority would prevail in the interest of the Company and its shareholders per se. Therefore, he cannot question such acquisition at this stage and he has questioned the conveyance deed by filing a suit in City Civil Court of Bombay. Further, the only act of oppression of removal of Petitioner as Director is untenable as the post of director remained vacant due to the absence of the Petitioner in several meetings. - Tri</description>
    <language>en-us</language>
    <pubDate>Tue, 18 May 2021 12:53:36 +0530</pubDate>
    <lastBuildDate>Tue, 18 May 2021 12:53:36 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=644542" rel="self" type="application/rss+xml"/>
    <item>
      <title>Majority Decision Upheld in Company Mismanagement Case; Director&#039;s Removal Not Oppression Due to Absenteeism.</title>
      <link>https://www.taxtmi.com/highlights?id=58013</link>
      <description>Allegation of oppression and mismanagement - The decision of the majority would prevail in the interest of the Company and its shareholders per se. Therefore, he cannot question such acquisition at this stage and he has questioned the conveyance deed by filing a suit in City Civil Court of Bombay. Further, the only act of oppression of removal of Petitioner as Director is untenable as the post of director remained vacant due to the absence of the Petitioner in several meetings. - Tri</description>
      <category>Highlights</category>
      <law>Companies Law</law>
      <pubDate>Tue, 18 May 2021 12:53:36 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=58013</guid>
    </item>
  </channel>
</rss>