https://www.taxtmi.com/caselaws?id=791905 In oppression and mismanagement proceedings, the appellate forum upheld dismissal of the interim restraint sought against the proposed EOGM and disposal of assets, finding no illegality where the appellants had an opportunity to subscribe to the share issues and the meeting was convened on valid notice. It also maintained the status quo protecting asset sales during pendency of the company petition. However, applications relating to amendment of the petition and challenge to later letters of offer were found to raise distinct issues arising from earlier events and were restored for fresh consideration on merits through separate reasoned orders. en-us Fri, 15 May 2026 00:00:00 +0530 Wed, 20 May 2026 08:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791905 In oppression and mismanagement proceedings, the appellate forum upheld dismissal of the interim restraint sought against the proposed EOGM and disposal of assets, finding no illegality where the appellants had an opportunity to subscribe to the share issues and the meeting was convened on valid notice. It also maintained the status quo protecting asset sales during pendency of the company petition. However, applications relating to amendment of the petition and challenge to later letters of offer were found to raise distinct issues arising from earlier events and were restored for fresh consideration on merits through separate reasoned orders. Case-Laws Companies Law Fri, 15 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791905