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NCLT Exercises Section 424 Powers to Address Oppression and Mismanagement Under Companies Act 2013, Ensuring Justice and Public Interest.
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....Oppression and mismanagement - The directions are in interest of justice and cannot be faulted with. Under Section 424 of Companies Act 2013 NCLT can regulate procedure before it and while dealing with the matter, it could exercise inherent powers to do justice between the parties, the Company and public interest linked with the Company to give the directions it has given. - AT....