acts of omission and commission on the part of the alleged oppressor. It may be true that violation of any provision of the Companies
justice to injured shareholders (page 33) : "is to order the oppressor to buy their shares at a fair price ; and a fair price would ... case [1959] 29 Comp Cas 1 (HL). There the oppressors bought the shares and there the oppressors had brought down the share value
that to do justice to the injured shareholders is to order the oppressor to buy their shares at a fair price. Once the oppressor ... group should be granted the option to purchase the shares of the oppressor group. It was further submitted and for the established wrongful acts
Pulin Behary Das And Ors. vs Emperor on 2 April, 1912
Equivalent citations: 16IND. CAS
Ramashankar Prosad And Ors. vs Sindri Iron Foundry (P) Ltd. And Ors. on 28 September
impugned allotment can be cancelled. The Board put in place by the oppressor group can be superseded and a general meeting can be called after
judgment, challenge to the RBI permission dated
07.05.2004 by the declared oppressor was barred by res judicata or
26
Calcutta High Court
English Companies Act was the power of the court to order the oppressor to buy the shares of the members, that is, the injured shareholders
Learned Judge failed to appreciate that it is
well settled that the oppressor should be directed to buy out
the oppressed."
In appeal ... this Country
as well as by the English Courts that the oppressor should be
directed buy out the shares of the oppressed and the majority
deliverance of the land of their birth, even then no foreign oppressors can have the right to inflict punishment on them.
5. It goes further