https://www.taxtmi.com/caselaws?id=299369 The Court held that the composite petition under Sections 111-A, 397, and 398 of the Companies Act was maintainable. Shareholding for the petition should be considered from before the oppressive acts. The transmission of shares based on disputed Wills was deemed invalid. The resignation of a Director was effective upon submission and withdrawal was held invalid. Board meetings and AGM decisions were declared invalid. Acts of oppression were found, leading to relief under Section 397, including removal of Directors and rectification of share transmission. The appeal was allowed with costs awarded to the appellant. en-us Fri, 17 Nov 2017 00:00:00 +0530 Sat, 11 Dec 2021 09:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299369 The Court held that the composite petition under Sections 111-A, 397, and 398 of the Companies Act was maintainable. Shareholding for the petition should be considered from before the oppressive acts. The transmission of shares based on disputed Wills was deemed invalid. The resignation of a Director was effective upon submission and withdrawal was held invalid. Board meetings and AGM decisions were declared invalid. Acts of oppression were found, leading to relief under Section 397, including removal of Directors and rectification of share transmission. The appeal was allowed with costs awarded to the appellant. Case-Laws Companies Law Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299369