Mppression and mismanagement - Maintainability of petition - ...
Petition on Oppression & Mismanagement: Members with <10% Shares Don't Qualify as Separate Class u/s 244.
March 24, 2017
Case Laws Companies Law Tri
Mppression and mismanagement - Maintainability of petition - members / petitioners holding less than l/10th of the Issued - it cannot be read that a 'class of members' themselves have to be treated separately attaining qualification u/s 244. It is only an additional relief that a member qualified u/s 244 can ask for relief. - Tri
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