Conduct of respondents of appointing new directors to create their own majority in management was op

CL: Where number of litigations involving petitioner and his Group were continuing before BIFR, AAIFR and other Courts/Forums, removal of petitioner and other directors of his Group from directorship and appointment of 2 new directors from respondents Group had resulted in creation of new majority in management of respondent No. 1 Company which was oppressive in terms of section 397