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    <title>1997 (4) TMI 544 - COMPANY LAW BOARD</title>
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    <description>The Board found in favor of the petitioner on allegations of oppression and mismanagement, directing the company to finalize accounts and convene annual general meetings for specified years. The petitioner&#039;s directorship was confirmed, and the company was instructed to rectify financial discrepancies related to loans and rental advances with the Indian Bank. The Board emphasized the need for smooth management of the company&#039;s affairs by the family moving forward.</description>
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      <description>The Board found in favor of the petitioner on allegations of oppression and mismanagement, directing the company to finalize accounts and convene annual general meetings for specified years. The petitioner&#039;s directorship was confirmed, and the company was instructed to rectify financial discrepancies related to loans and rental advances with the Indian Bank. The Board emphasized the need for smooth management of the company&#039;s affairs by the family moving forward.</description>
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