https://www.taxtmi.com/caselaws?id=302816 The Supreme Court referred corporate disputes to the National Company Law Tribunal, emphasizing independent handling without influence from the High Court. The Section 397/398 Petition was deemed maintainable for the appellant holding 10% share capital in the holding company. Specific subsidiaries were directed to be added as parties, with the holding and subsidiary companies treated as one entity if the corporate veil is lifted. The Court upheld the High Court's decision on the interpretation of the Companies Act, 1956, and disposed of the appeals accordingly. en-us Mon, 27 Mar 2017 00:00:00 +0530 Sun, 19 Jun 2022 21:02:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302816 The Supreme Court referred corporate disputes to the National Company Law Tribunal, emphasizing independent handling without influence from the High Court. The Section 397/398 Petition was deemed maintainable for the appellant holding 10% share capital in the holding company. Specific subsidiaries were directed to be added as parties, with the holding and subsidiary companies treated as one entity if the corporate veil is lifted. The Court upheld the High Court's decision on the interpretation of the Companies Act, 1956, and disposed of the appeals accordingly. Case-Laws Companies Law Mon, 27 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302816