https://www.taxtmi.com/caselaws?id=459482 Karnataka HC allowed appellants to amend pleadings challenging allotment of 6000 shares to respondents. Court found amendment sought to add legal grounds of oppression under Sections 397-398 without deviating from original challenge of malafide/fraudulent allotment. HC held no legal bar exists for composite petition under Sections 111, 397-398 before CLB. Court rejected CLB's refusal to permit amendment, noting it overlooked binding court order allowing further pleadings. Appellants directed to complete amendment within two weeks, respondents may file reply within six weeks. en-us Sat, 18 Jan 2014 00:00:00 +0530 Mon, 16 Dec 2024 18:31:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459482 Karnataka HC allowed appellants to amend pleadings challenging allotment of 6000 shares to respondents. Court found amendment sought to add legal grounds of oppression under Sections 397-398 without deviating from original challenge of malafide/fraudulent allotment. HC held no legal bar exists for composite petition under Sections 111, 397-398 before CLB. Court rejected CLB's refusal to permit amendment, noting it overlooked binding court order allowing further pleadings. Appellants directed to complete amendment within two weeks, respondents may file reply within six weeks. Case-Laws Companies Law Sat, 18 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459482