https://www.taxtmi.com/caselaws?id=459642 Bombay HC quashed Company Law Board's order dated 25.04.2016 in oppression and mismanagement case for breach of natural justice principles. The court found that while Company Petition was filed at Mumbai Bench having proper jurisdiction, interim applications were heard at Delhi Bench without giving parties adequate opportunity to present arguments. HC held that substantive rights cannot be defeated without effective hearing. The impugned judgment was set aside and Company Petition along with applications were restored to Company Law Board Mumbai Bench for fresh hearing in accordance with law. en-us Thu, 22 Dec 2016 00:00:00 +0530 Fri, 20 Dec 2024 19:51:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459642 Bombay HC quashed Company Law Board's order dated 25.04.2016 in oppression and mismanagement case for breach of natural justice principles. The court found that while Company Petition was filed at Mumbai Bench having proper jurisdiction, interim applications were heard at Delhi Bench without giving parties adequate opportunity to present arguments. HC held that substantive rights cannot be defeated without effective hearing. The impugned judgment was set aside and Company Petition along with applications were restored to Company Law Board Mumbai Bench for fresh hearing in accordance with law. Case-Laws Companies Law Thu, 22 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459642