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2022 (11) TMI 509 - NATIONAL COMPANY LAW TRIBUNAL , INDORE BENCHOppression and mismanagement - siphoning off of funds - meetings of the Board of Directors or that of the shareholders of the company have been properly convened or not - HELD THAT:- As on today, that is the fact is that the right issue has been published and additional shares are allotted to increase the share capital. We do not wish to reverse that. We make it clear that the pattern of share which might have changed in between the petitioner and the respondent inter-say shall be subject to outcome of main petition. In order to safeguard interest of all shareholders of the company, we direct the fixed asset of the company shall not be alienated or disposed of, but at the same time to keep the company to go on, the directors of the company may raise the loans against fixed assets as per the provisions of Section 180 of the Companies Act, 2013. Application disposed off.
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