https://www.taxtmi.com/caselaws?id=301603 The Tribunal denied interim reliefs in an application under sections 241 and 242 of the Companies Act, 2013, alleging oppressive conduct by respondents in managing affairs of R1 company during the COVID-19 lockdown. The Tribunal found no merit in the petitioners' allegations of oppression and prejudice, rejected their request for interim injunctions, and directed parties to file necessary affidavits for further consideration post-lockdown. The Tribunal emphasized equity and business continuity, acknowledging disruptions caused by COVID-19 and Cyclone 'Amphan'. en-us Fri, 05 Jun 2020 00:00:00 +0530 Tue, 12 Apr 2022 09:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301603 The Tribunal denied interim reliefs in an application under sections 241 and 242 of the Companies Act, 2013, alleging oppressive conduct by respondents in managing affairs of R1 company during the COVID-19 lockdown. The Tribunal found no merit in the petitioners' allegations of oppression and prejudice, rejected their request for interim injunctions, and directed parties to file necessary affidavits for further consideration post-lockdown. The Tribunal emphasized equity and business continuity, acknowledging disruptions caused by COVID-19 and Cyclone 'Amphan'. Case-Laws Companies Law Fri, 05 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301603