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2017 (11) TMI 1890 - AT - Companies LawOppression and mismanagement - Appellants had made various allegations against the Statutory Auditors alleging acts of omission and commission in collusion with the Board of Directors - HELD THAT:- The Company Petition filed before the NCLT, Guwahati Bench, Guwahati is under Sections 241, 242, 243 and 244 of the Companies Act. The acts of oppression and mismanagement under these Sections could be averred against the Company, Board of Directors, Shareholders or its members. The Statutory Auditors are admittedly none of these. Before NCLT petition was not under Section 245 of the Companies Act 2013, which is a new provision. There are no error with the impugned order which has recorded proper reasons - impugned order upheld - Company appeal dismissed.
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