Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2014 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (7) TMI 917 - HC - Companies LawMismanagement and oppression by the majority shareholder - appointment of Mr Gautam Agarwal as an Additional Director of the Company - petitioner has alleged that Mr Gautam Agarwal was only 20 years old the day he was appointed as an Additional Director. - Held that:- prima facie¸ established that the resources of the company have been used for the benefit of Smt Raj Kumari Agarwal and her family. And, the petitioners have apparently been excluded from the affairs of the company. - it will be appropriate that an administrator be appointed for overseeing the affairs of the Company - administrator appointed with certain guidelines and conditions.
|