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    <title>2022 (9) TMI 641 - NATIONAL COMPANY LAW TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>Section 244 waiver was granted despite the petitioners not meeting the numerical eligibility threshold, because the Tribunal treated the dispute&#039;s history, prima facie oppression allegations, and the need to protect the interests represented by the petitioners as exceptional circumstances. It held that the waiver factors are not exhaustive and that maintainability could not be denied merely due to the petitioners&#039; small numbers. The executive committee meeting of 30 October 2018 was declared null and void because the federation departed from its Articles of Association and settled rotational practice for regional nomination and election of the President. The resulting elections and appointments were invalid, and fresh steps were directed for constitution of the committee, AGM, and presidential election in accordance with the Articles and rotational practice.</description>
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      <link>https://www.taxtmi.com/caselaws?id=427696</link>
      <description>Section 244 waiver was granted despite the petitioners not meeting the numerical eligibility threshold, because the Tribunal treated the dispute&#039;s history, prima facie oppression allegations, and the need to protect the interests represented by the petitioners as exceptional circumstances. It held that the waiver factors are not exhaustive and that maintainability could not be denied merely due to the petitioners&#039; small numbers. The executive committee meeting of 30 October 2018 was declared null and void because the federation departed from its Articles of Association and settled rotational practice for regional nomination and election of the President. The resulting elections and appointments were invalid, and fresh steps were directed for constitution of the committee, AGM, and presidential election in accordance with the Articles and rotational practice.</description>
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