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    <title>2022 (12) TMI 52 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , CHENNAI BENCH</title>
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    <description>The Tribunal upheld the impugned order, ruling that the extension of the Long Stop Date (LSD) in the Assets Transfer Agreement (ATA) without the minority shareholders&#039; consent was not oppressive. It found no evidence of oppression towards the minority shareholders, noting that the sale of assets benefited all stakeholders. The Tribunal dismissed the appeal, concluding it lacked merit, and closed the connected pending applications.</description>
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      <description>The Tribunal upheld the impugned order, ruling that the extension of the Long Stop Date (LSD) in the Assets Transfer Agreement (ATA) without the minority shareholders&#039; consent was not oppressive. It found no evidence of oppression towards the minority shareholders, noting that the sale of assets benefited all stakeholders. The Tribunal dismissed the appeal, concluding it lacked merit, and closed the connected pending applications.</description>
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