https://www.taxtmi.com/highlights?id=104293 Oppression and mismanagement allegations concerning group-asset and intellectual-property transfers, debt conversion, discounted share allotment and minority dilution require specific findings on the entire material and their cumulative effect; commercial justification cannot replace that inquiry. The dismissal was set aside and the company petition remanded, with status quo over shareholding, assets and liabilities restored pending adjudication. A clean-hands finding denying equitable relief must rest on clear, cogent record-based findings where meeting-related material permits competing interpretations. Perjury directions require precise allegations, meaningful opportunity to respond, identified false statements, reasons, and findings on oath, intentional falsity and requirements for further action; unsupported directions against shareholders and a creditor were set aside. en-us Tue, 29 Sep 2026 08:34:54 +0530 Tue, 29 Sep 2026 08:34:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104293 Oppression and mismanagement allegations concerning group-asset and intellectual-property transfers, debt conversion, discounted share allotment and minority dilution require specific findings on the entire material and their cumulative effect; commercial justification cannot replace that inquiry. The dismissal was set aside and the company petition remanded, with status quo over shareholding, assets and liabilities restored pending adjudication. A clean-hands finding denying equitable relief must rest on clear, cogent record-based findings where meeting-related material permits competing interpretations. Perjury directions require precise allegations, meaningful opportunity to respond, identified false statements, reasons, and findings on oath, intentional falsity and requirements for further action; unsupported directions against shareholders and a creditor were set aside. Highlights Companies Law Tue, 29 Sep 2026 08:34:54 +0530 https://www.taxtmi.com/highlights?id=104293