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    <title>2026 (3) TMI 992 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI</title>
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    <description>Rights issues, share transfers and related board resolutions fall outside oppression or mismanagement where they comply with the Articles of Association, statutory requirements for increasing share capital, and rights-issue procedures. Shareholders offered their entitlement under the rights issue cannot establish oppression merely from allotments or transfers approved through majority decisions in accordance with law. An interim request to restrain potential removal of promoter status requires material showing an actual or concrete threatened act; an anticipatory challenge is premature. A compliant increase in authorised or issued share capital does not, by itself, constitute oppression or mismanagement.</description>
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      <description>Rights issues, share transfers and related board resolutions fall outside oppression or mismanagement where they comply with the Articles of Association, statutory requirements for increasing share capital, and rights-issue procedures. Shareholders offered their entitlement under the rights issue cannot establish oppression merely from allotments or transfers approved through majority decisions in accordance with law. An interim request to restrain potential removal of promoter status requires material showing an actual or concrete threatened act; an anticipatory challenge is premature. A compliant increase in authorised or issued share capital does not, by itself, constitute oppression or mismanagement.</description>
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