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    <title>2023 (3) TMI 1280 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>Ownership of 3890 shares was disputed between the Appellant and Respondents regarding guardianship. The Tribunal found discrepancies in the deeds and lack of explicit mention of guardianship in the original petition. The transfer and subsequent unilateral cancellation of 4160 shares by R-2 were deemed potentially oppressive due to lack of cause. The issue of maintainability of the original petition was intertwined with oppression and mismanagement claims, leading to the Tribunal remanding the case for a comprehensive review of all issues raised, including the removal of Directors R-5 and R-6. The appeal was allowed, setting aside the previous order.</description>
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      <title>2023 (3) TMI 1280 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=435894</link>
      <description>Ownership of 3890 shares was disputed between the Appellant and Respondents regarding guardianship. The Tribunal found discrepancies in the deeds and lack of explicit mention of guardianship in the original petition. The transfer and subsequent unilateral cancellation of 4160 shares by R-2 were deemed potentially oppressive due to lack of cause. The issue of maintainability of the original petition was intertwined with oppression and mismanagement claims, leading to the Tribunal remanding the case for a comprehensive review of all issues raised, including the removal of Directors R-5 and R-6. The appeal was allowed, setting aside the previous order.</description>
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