https://www.taxtmi.com/caselaws?id=407828 In oppression and mismanagement proceedings, a voluntary written settlement covering the common disputes was taken on record, and the corresponding company petitions were allowed to be withdrawn. The Tribunal applied its broad powers under the Companies Act and NCLT Rules to give effect to the compromise, including consequential relief against identified past irregular share allotments and irregular director appointments. It also permitted rectification of the relevant corporate filings and records, treating the settlement as sufficient to conclude the dispute and to secure the company's and stakeholders' interests. en-us Tue, 02 Mar 2021 00:00:00 +0530 Mon, 24 May 2021 08:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407828 In oppression and mismanagement proceedings, a voluntary written settlement covering the common disputes was taken on record, and the corresponding company petitions were allowed to be withdrawn. The Tribunal applied its broad powers under the Companies Act and NCLT Rules to give effect to the compromise, including consequential relief against identified past irregular share allotments and irregular director appointments. It also permitted rectification of the relevant corporate filings and records, treating the settlement as sufficient to conclude the dispute and to secure the company's and stakeholders' interests. Case-Laws Companies Law Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407828