Rulings
HC: Dismisses challenge to MCA investigation in public interest; Reiterates two-fold purpose of Sec. 212
NCLT: Convening ‘majority shareholders meeting’ sans notice defies Cos-Act, business rules; Upholds oppression/ mismanagement plea
NCLT: Oral agreement irrelevant where documents form evidence under the Indian Evidence Act
NCLT: Dismisses petition filed in 2013 for alleged share transfer in 1993, as time-barred
NCLT: Insolvency resolution process not triggered on disputed claim, pending before another legal forum
NCLT: Dismisses insolvency application for incomplete disclosure of information
HC: Winding-up petition cannot be kept in abeyance for adjudication by NCLT
NCLT: Dismisses oppression petition absent ‘cause of action’; Mistry Group lacks ‘locus standi’ u/s 244
NCLT: dismisses oppression/mismanagement petition sans evidence as to requisite shareholding
NCLT: imposes penalty for violation of Sec. 165 of Companies Act, 2013
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