https://www.taxtmi.com/caselaws?id=427696 Waiver of the eligibility requirement for oppression and mismanagement proceedings may be granted despite failure to meet the numerical threshold where sustained governance disputes, prima facie oppressive conduct and the interests of a represented minority justify exceptional treatment. Rotational regional nomination for the presidency, where mandated by the Articles of Association and consistently followed in practice, cannot be displaced by substituting another candidate. An executive committee meeting and related election process conducted contrary to that rotational practice, including chairing office-bearer elections without a validly elected President, are invalid. Fresh executive committee constitution, AGM and presidential-election steps must follow the Articles and established rotational procedure. en-us Tue, 30 Aug 2022 00:00:00 +0530 Thu, 15 Sep 2022 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427696 Waiver of the eligibility requirement for oppression and mismanagement proceedings may be granted despite failure to meet the numerical threshold where sustained governance disputes, prima facie oppressive conduct and the interests of a represented minority justify exceptional treatment. Rotational regional nomination for the presidency, where mandated by the Articles of Association and consistently followed in practice, cannot be displaced by substituting another candidate. An executive committee meeting and related election process conducted contrary to that rotational practice, including chairing office-bearer elections without a validly elected President, are invalid. Fresh executive committee constitution, AGM and presidential-election steps must follow the Articles and established rotational procedure. Case-Laws Companies Law Tue, 30 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427696