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Companies Law - Highlights / Catch Notes

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The appellant cannot successfully maintain an action for ...


Court Dismisses Oppression and Mismanagement Claims Due to Financial Crisis Context in Property Sales Case.

July 12, 2016

Case Laws     Companies Law     HC

The appellant cannot successfully maintain an action for oppression and mismanagement against the respondents, merely on the strength of the sale transactions relating to the properties of the company, especially when those transactions were entered into at a time when the company was in financial crisis. - HC

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