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OPPRESSION AND MISMANAGEMENT
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...- NCLT upholds Aanand Rai's plea in row with Eros InternationalThe NCLT has permitted filmmaker Aanand L Rai to pursue arbitration in a dispute with Eros International Media. The tribunal deemed Eros's ...
- Mittal family set to own 75% of Rajasthan Royals in $1.65 billion dealThe Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the tea...
- Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
- Veteran Lawyer Poornima Hatti leaves Samvad Partners to launch independent practicePoornima Hatti, a dispute resolution partner at Samvad Partners, has retired from the firm. She is now setting up her own counsel practice....
- NCLT rejects Think & Learn RP’s plea to stay Aakash Educational Services' rights issueThe National Company Law Tribunal has rejected a plea to halt Aakash Educational Services Ltd.'s rights issue. The tribunal found the decis...
- Aakash moves NCLT to implead EY in oppression, mismanagement case filed by Byju'sThink and Learn has filed a Company Petition before the Bengaluru Bench of the National Company Law Tribunal (NCLT) against AESL, alleging ...
- NCLAT junks plea of Liberty Shoes's former CEO seeking ease of norms to sue firmThe NCLAT has dismissed Adesh Kumar Gupta's petition seeking exemption from minimum shareholding norms to file a case of oppression and mis...
- Liberty Shoes removes Executive Director Adesh Kr Gupta after NCLT sets aside his pleaGupta had approached NCLT seeking this waiver, which was rejected on November 20, 2023, according to a regulatory filing by Liberty Shoes o...
- NCLT agrees to hear plea alleging mismanagement in OmaxeTerming the matter as "exceptional" and having "compelling circumstances" against the realty firm, a two-member Chandigarh-based NCLT bench...
- Failure of some projects is not oppression of minority shareholder, Tata Sons tells SCArguing against the National Company Law Appellate Tribunal's decision to reinstate ousted executive chairman Cyrus Mistry, Tata Sons lawye...
- Cyrus Mistry to appeal against NCLT orderIn a ruling today, the tribunal said it was not accepting Mistry's contentions that his removal was due to the result of mismanagement by t...
- Cyrus Mistry himself sought guidance from Ratan Tata: Tata Sons' counsel"Issues which were proper and normal in the business course before October 2016 suddenly became weapons of interference and oppression," Si...
- Mistry demands proportionate board representation at Tata SonsIt also sought a direction to Tata Sons to ensure that any decision on matters before the board of Tata Sons may be communicated only by th...
- ‘Cyrus Mistry’s ouster an act of oppression’
- NCLAT says Cyrus Mistry petition against Tata Sons not frivolousMistry's family firms own about 18.4% stake in Tata Sons, but they hold only 2.17% of total share capital of the holding firm in the form o...
- Only Tata, Sekhsaria can appeal as minority shareholders in Tata Sons: NCLATNCLAT had yesterday waived the minimum shareholding rule to the ousted Tata Sons chairman, Mistry to file a case of alleged oppression of m...
- NCLAT ruling on rule waiver: Cyrus Mistry says 'vindicated'In today's ruling, the appellate tribunal has granted waiver to Mistry firms in the filing criteria of having 10 per cent shares of the com...
- SEL moves Company Law Board against JV partner Gammon IndiaSEL said it has moved Company Law Board against Gammon India with regard to alleged acts of oppression and mismanagement in affairs of Mumb...
- Shishir's plea for division of empire not maintainable: Rahul BajajBajaj family patriarch Rahul Bajaj, who is fighting against the division of the group with younger brother Shishir, today contended before ...
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