Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

Transfer of shareholding without holding valid meeting is an act of oppression: NCLT

August 10, 2018[2018] 96 taxmann.com 36 (NCL-AT)/[2018] 208 COMP CASE 721 (NCL-AT)
157 Views

CL: Petitioner having been removed as director of respondent company without holding of valid EOGM and entire shareholdings of respondents as well as fixed assets of companies having being transferred to 3rd parties even before completion of pleadings in NCLT, without knowledge of petitioner, were serious act of oppression, hence, findings of NCLT upholding removal of petitioner as director were to be set aside and shareholdings in both companies were to be restored to stage of filing petitions

read more

taxmann.com
Payment
Best view in 1140 x 768