Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determination.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Necessary-party principles in oppression and mismanagement proceedings require impleadment only where an entity's presence is needed for effective adjudication. Independent businesses alleged to have benefited from diversion of company funds or business were not treated as necessary parties merely to support the petitioner's allegations, particularly where the principal allegations concerned an existing respondent. Deferral of the impleadment application for possible consideration at final hearing did not finally determine the dispute or adversely affect rights. The discussion states that an appeal against such deferral is not maintainable, while leaving impleadment open if later required for effective adjudication.....