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Case Finds No Oppression or Mismanagement; EGM Convened Properly Under Companies Act, 2013 Without Board Meeting Requirement.

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Full Text of the Document

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....Oppression and mismanagement - misappropriation of funds - as such no irregularities were found in convening an Extra-Ordinary General Meeting which was requisitioned at the instances of a shareholder and a Board Meeting is not a pre-requisite as settled principles under Companies Act, 2013 - There was no case of Oppression & Mismanagement - AT....

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