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Companies Law - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Oppression and mismanagement - Removal of Director - Period of ...

Companies Law

October 20, 2020

Oppression and mismanagement - Removal of Director - Period of limitation - Time gap of 5 years - The petition filed by the petitioner is prima facie barred by limitation - Further, even on merits, the petitioner has failed to make out a case of oppression and mismanagement into the affairs of the 1st Respondent Company and the petitioner has only made sweeping allegations as against the Respondents and failed to corroborate the same with relevant material document- Tri

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