https://www.taxtmi.com/caselaws?id=791322 A waiver of the statutory threshold for filing an oppression and mismanagement petition may be sustained where the pleadings disclose a prima facie case of continuing and systemic oppression, together with exceptional circumstances showing that denial of waiver would frustrate the statutory remedy. The Tribunal found such prima facie allegations in disputes over membership termination and suspension, committee constitution, disciplinary proceedings, and alleged articles violations, and treated subsequent steps against the concerned member as reinforcing the need to preserve the subject matter. On that basis, it found no legal infirmity in the waiver order and declined interference. en-us Tue, 05 May 2026 00:00:00 +0530 Sat, 09 May 2026 07:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791322 A waiver of the statutory threshold for filing an oppression and mismanagement petition may be sustained where the pleadings disclose a prima facie case of continuing and systemic oppression, together with exceptional circumstances showing that denial of waiver would frustrate the statutory remedy. The Tribunal found such prima facie allegations in disputes over membership termination and suspension, committee constitution, disciplinary proceedings, and alleged articles violations, and treated subsequent steps against the concerned member as reinforcing the need to preserve the subject matter. On that basis, it found no legal infirmity in the waiver order and declined interference. Case-Laws Companies Law Tue, 05 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791322