Rulings
NCLT: Company guilty of oppressing the Director sans compliance with statutory requirements
NCLT: Rejects request for holding separate meeting of secured and unsecured creditors of parties to a scheme of arrangement
NCLT: Dismisses petitions suffering from delay and not amendable to Tribunal’s jurisdiction
HC: Piercing the corporate veil permissible in execution proceedings, upholds Single Judge’s order
HC: Holds director liable for tax-dues of “de facto” private company, pierces corporate-veil
NCLT: CLB has sole jurisdiction to grant relief under oppression/ mismanagement petitions
HC: Upholds Company Judge’s order; Appellant’s conduct indicative of acquiescing winding up petition
NCLT: Removal of petitioner as director illegal and oppressive, however allows exit for being in minority
NCLT: Debars remotely connected parties from proceeding u/s 241/242 of the Companies Act
NCLT: Directs Company to apply before Special Court for compounding
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