https://www.taxtmi.com/caselaws?id=444018 The appeal challenging the legality of the impugned order passed by the National Company Law Tribunal (NCLT), Bengaluru Bench was dismissed. The Tribunal upheld the validity of the Postal Ballot Notice and Special Resolution, finding compliance with statutory requirements. Allegations of oppression and mismanagement were rejected, noting the share transfer was in accordance with regulations. The Board's decision on the Joint Venture Agreement was deemed lawful, with transparency in the process. The Tribunal found no legal flaws and closed the connected pending matters. en-us Wed, 04 Oct 2023 00:00:00 +0530 Sat, 07 Oct 2023 22:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444018 The appeal challenging the legality of the impugned order passed by the National Company Law Tribunal (NCLT), Bengaluru Bench was dismissed. The Tribunal upheld the validity of the Postal Ballot Notice and Special Resolution, finding compliance with statutory requirements. Allegations of oppression and mismanagement were rejected, noting the share transfer was in accordance with regulations. The Board's decision on the Joint Venture Agreement was deemed lawful, with transparency in the process. The Tribunal found no legal flaws and closed the connected pending matters. Case-Laws Companies Law Wed, 04 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444018