https://www.taxtmi.com/caselaws?id=771735 NCLAT dismissed the appeal finding no illegality in removing appellant as Additional Director. The tribunal held that shareholders cannot seek directorship appointment relief under legitimate expectation doctrine. Following Tata Consultancy Services Ltd precedent, mere termination of directorship cannot trigger oppression and mismanagement provisions under Sections 241-242 of Companies Act. Appellant's directorship ceased by operation of law, and procedural irregularities including failure to hold AGM and share financial information did not constitute oppression. Claims of oppression and mismanagement remained unsubstantiated, resulting in appeal dismissal. en-us Thu, 24 Apr 2025 00:00:00 +0530 Fri, 30 May 2025 08:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771735 NCLAT dismissed the appeal finding no illegality in removing appellant as Additional Director. The tribunal held that shareholders cannot seek directorship appointment relief under legitimate expectation doctrine. Following Tata Consultancy Services Ltd precedent, mere termination of directorship cannot trigger oppression and mismanagement provisions under Sections 241-242 of Companies Act. Appellant's directorship ceased by operation of law, and procedural irregularities including failure to hold AGM and share financial information did not constitute oppression. Claims of oppression and mismanagement remained unsubstantiated, resulting in appeal dismissal. Case-Laws Companies Law Thu, 24 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771735