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    <title>2022 (6) TMI 57 - NATIONAL COMPANY LAW TRIBUNAL , KOCHI BENCH</title>
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    <description>The Tribunal found merit in the petitioner&#039;s allegations of oppression and mismanagement, noting that the Respondents had illegally taken control of the company and prejudiced the petitioner&#039;s interests. Discrepancies in share allotment and transfer were confirmed, supporting the petitioner&#039;s claims. The Tribunal rejected the limitation argument, considering the petitioner&#039;s timely actions upon discovering the issues. An independent valuer was appointed to assess the fair value of the company&#039;s shares, with the aim of resolving the dispute fairly and maintaining the company&#039;s interests. Further proceedings were scheduled pending the valuer&#039;s report.</description>
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    <pubDate>Wed, 18 May 2022 00:00:00 +0530</pubDate>
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      <description>The Tribunal found merit in the petitioner&#039;s allegations of oppression and mismanagement, noting that the Respondents had illegally taken control of the company and prejudiced the petitioner&#039;s interests. Discrepancies in share allotment and transfer were confirmed, supporting the petitioner&#039;s claims. The Tribunal rejected the limitation argument, considering the petitioner&#039;s timely actions upon discovering the issues. An independent valuer was appointed to assess the fair value of the company&#039;s shares, with the aim of resolving the dispute fairly and maintaining the company&#039;s interests. Further proceedings were scheduled pending the valuer&#039;s report.</description>
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