https://www.taxtmi.com/caselaws?id=429333 The Tribunal upheld the impugned order, dismissing the appeal with notional costs of Rs. 25,000/-. It found no case of oppression and mismanagement and concluded that the removal of the Appellant from the directorship was justified based on the findings of financial irregularities and mismanagement. The Tribunal emphasized that the removal of a director is within the discretion of the company's shareholders and should not be interfered with by the courts. en-us Fri, 21 Oct 2022 00:00:00 +0530 Fri, 21 Oct 2022 21:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429333 The Tribunal upheld the impugned order, dismissing the appeal with notional costs of Rs. 25,000/-. It found no case of oppression and mismanagement and concluded that the removal of the Appellant from the directorship was justified based on the findings of financial irregularities and mismanagement. The Tribunal emphasized that the removal of a director is within the discretion of the company's shareholders and should not be interfered with by the courts. Case-Laws Companies Law Fri, 21 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429333