Tribunal Finds Respondents Removed from Board Without Proper Notice But Lacks Strong Legal Basis for the Decision.

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....Oppression and mismanagement - the observations made by the Tribunal that the Respondents had been removed from the Board and their shareholding had been cancelled without due notice not in consonance with law are not based on application of mind - observations of Tribunal though short of finding in regard to existence of a Prima facie case, much less a strong prima facie case, are unwarranted.....