https://www.taxtmi.com/caselaws?id=437115 An interlocutory direction to appoint a valuer for shares in oppression and mismanagement proceedings was upheld because valuation is an expert exercise within the Tribunal's supervisory power and does not by itself determine rights or liabilities. The Tribunal relied on the parties' pleadings and correspondence showing willingness to consider a buy-out and valuation of the minority shareholding, and treated the recorded statements as part of the judicial record. As the order did not prejudice the appellant merely by requiring a report for further consideration, no appellate interference was warranted and the appeal failed. en-us Mon, 24 Apr 2023 00:00:00 +0530 Thu, 27 Apr 2023 22:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437115 An interlocutory direction to appoint a valuer for shares in oppression and mismanagement proceedings was upheld because valuation is an expert exercise within the Tribunal's supervisory power and does not by itself determine rights or liabilities. The Tribunal relied on the parties' pleadings and correspondence showing willingness to consider a buy-out and valuation of the minority shareholding, and treated the recorded statements as part of the judicial record. As the order did not prejudice the appellant merely by requiring a report for further consideration, no appellate interference was warranted and the appeal failed. Case-Laws Companies Law Mon, 24 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437115