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Companies Law - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Maintainability of petition under sections 397 & 398 of the ...

Companies Law

November 6, 2015

Maintainability of petition under sections 397 & 398 of the Companies Act 1956 - oppression and mismanagement - withdrawal of suit without liberty will not make this CP non-maintainable. For having the respondents failed to establish that this petition is not maintainable, on the allegations referred above, hereby decide this issue against the respondents. - CLB

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