must be fair, just, and reasonable, and it cannot be arbitrary, oppressive, or unreasonable. In Olga Tellis v. Bombay Municipal Corporation (1985), the court recognized
Constitution of India
India
Constitution of India
CONTITUENTASSEMBLY 00 of 1950
Published in Gazette 00
Companies Act, 1956
397. Application to [Tribunal] for relief in cases of oppression
(1) Any member of a company who complain that the affairs ... being conducted" (w.e.f. 1.1.1964).] in a manner oppressive to any member or members (including any one or more of themselves) may apply
person of its choice-Allotment to Indian shareholder-Whether
amounts to oppression.
`Directly or indirectly, concerned in the contract or
arrangement'-Effect of-Relationship ... concluded
that the affairs of NIIL were being conducted in a manner
oppressive, that is to say burdensome, harsh and wrongful to
the Holding Company
managed in a manner prejudicial to the shareholders of the company or oppressive to any substantial portion of them or when such investigation is otherwise
affairs have been or are being conducted in a manner prejudicial or oppressive to any member or members or prejudicial to public interest
Companies Act, 2013
241. Application to Tribunal for relief in cases of oppression, etc.—
(1) Any member of a company who complains that ... manner prejudicial to public interest or in a manner prejudicial or oppressive to him or any other member or members or in a manner prejudicial
otherwise for a fraudulent or unlawful purpose, or in a manner oppressive of any of its members, or that the company was formed
English Court would, on the facts of the case, be
vexatious and oppressive. The respondent contested
the motion relying on the non-exclusive
jurisdiction clause ... action
initiated by the respondent in the English Court
was vexatious and oppressive; the Division Bench
without disturbing the said finding dismissed the
motion erroneously
each of the company. This was alleged to be an act of
oppression on the part of Ramanujam who was managing the company. Prayer ... Board took the view that Ramanujam had committed an act of
oppression by not only not informing him about issue of further share
capital