TMI BlogOppression and Mismanagement - increase in the paid-up capital from Rs.1 crore to Rs.2 crores in the...Oppression and Mismanagement - increase in the paid-up capital from Rs.1 crore to Rs.2 crores in the Extraordinary General Body Meeting - Allegation of fraudulent allotment of shares in respect of the increased share capital against the appellant. - The procedure of allotment of shares found as correct - However, directions issued for conducting audit against allegation of siphoning of funds maintained - SC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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