Wednesday, August 1, 2018

Sale-executed by ex-director without informing to shareholders was an act of oppression: NCLAT

CL: Where respondent (majority shareholder) sold land of company when he ceased to be director and without informing appellant-shareholder, there was oppression and mismanagement on part of respondents and sale was rightly set aside

from www.taxmann.com Latest Case Laws https://ift.tt/2v37kS0
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