https://www.taxtmi.com/caselaws?id=431295 The Tribunal affirmed the NCLT's decision that the board meeting on 01.10.2012 was invalid, the allotment of shares on 04.03.2013 and 22.04.2013 was illegal, and the removal of petitioners from directorship was null and void. These conclusions were based on evidence of forgery, fabrication, and the absence of required quorum, supporting findings of oppression and mismanagement. The appeal was dismissed. en-us Tue, 06 Dec 2022 00:00:00 +0530 Fri, 09 Dec 2022 20:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431295 The Tribunal affirmed the NCLT's decision that the board meeting on 01.10.2012 was invalid, the allotment of shares on 04.03.2013 and 22.04.2013 was illegal, and the removal of petitioners from directorship was null and void. These conclusions were based on evidence of forgery, fabrication, and the absence of required quorum, supporting findings of oppression and mismanagement. The appeal was dismissed. Case-Laws Companies Law Tue, 06 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431295