controlling group, even when it had found that there was no oppression of the minority shareholders or mismanagement in running the affairs ... directorial complaint", which was dressed up as an action for "oppression and mismanagement". Therefore, the fact that Natarajan failed to get elected
comes under Chapter XVI which in
general deals with prevention of oppression and mismanagement. This
Chapter deals with an oppression made in the mismanagement done ... under the Act.
http://www.judis.nic.in
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8.2. The word oppression is to be given a wider interpretation. It has
not been specifically
petitioner had sought the following reliefs, based on the assertions of oppression and mismanagement of the affairs of the respondent No.1, i.e., Devi ... articulating their grievances in their capacity only as members. The acts of oppression and mismanagement should be directed against the members. In other words, according
Holland, for the plaintiff, contends that that transaction represents a discrimination or oppression against the holders of the ordinary shares, other than those of course ... held by the holders of management shares, and that the resolutions are oppressive on the holders of the ordinary shares. The holders of the management
Companies Act 1956. The
petitioners therein, being the Aleyas Group, alleged oppression
and mis-management, insofar as the transfer of 2.20 lakh shares
from Bobby ... Board Meeting dated 3.6.2003
were challenged again, on the ground of oppression and
mismanagement. Earlier the claim was allowed
appellant under Section 397 , 398 and 402 of the Companies Act alleging oppression and mismanagement.
2. I have heard Mr.H.Karthik Seshadri, learned counsel ... know of the said act and terming it as an act of oppression and a breach of his pre-emptive rights, the appellant filed
that raid was not proved it would be unjust, unfair and oppressive to allow the findings recorded by the enquiry officer to stand against acquittal ... cupboard in the eastern bedroom. Hence, it would be unjust, unfair and oppressive to allow the decision of the Authorised Officer in confiscation proceedings
right and just and fair" and not arbitrary, fanciful or oppressive; otherwise,
it would be no procedure at all and the requirement of Article ... right, just and fair and should not be arbitrary, fanciful or oppressive and
that a procedure which does not satisfy the said test would
going into the question who is the oppressor and who is the oppressed among those two groups. It is also an undisputed fact that
exist:
(i) company working at a loss;
(ii) misconduct of directors;
(iii) oppression of some shareholders ;
(iv) expulsion of a director even if the company ... Comp Case 661, is also not justified. This was a case of oppression and mismanagement between, the editors and a director of the "Hindu
