Order of CLB was to be set aside on its failure to consider allegation made by appellant-director: HC

CL: Where in oppression and mismanagement petition filed by R2 director, CLB totally failed to atleast consider response/explanations of appellant-director and had simply held in favour of R2 stating that 'they have failed to refute allegation', CLBs finding was ex facie perverse and thus, was to be set aside

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