NCLT Orders Winding Up of Non-Functional Company Due to Oppression and Mismanagement, No Interference Required.

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....Winding up order - The Company was non-functional, it had already given its premises on rent and it was the only income of the Company. Therefore, we find that the Tribunal came to a definite conclusion of ‘oppression and mismanagement’ of the Company and ‘oppression’ of the Member - if the NCLT has ordered for winding-up of the Company, no interference is called for - AT....