Tuesday 7 October 2014

Petitioner wasn’t entitled to any relief as he had mismanaged affairs of Co. and had siphoned off fu

CL: Where petitioner failed to substantiate allegations of oppressions and mismanagement such as his removal from directorship, appointment of new director and allotment of shares without his knowledge, etc. and in fact was found to have mismanaged affairs and siphoned of funds of company, he was not entitled to any relief


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