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Not reflecting transfer of director's shareholding in annual return of co. amounted to oppression and mismanagement

November 8, 2019[2019] 110 taxmann.com 166 (NCL-AT)
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COMPANY LAW: Where appellant director of company transferred his majority shareholding to R2, however, said transfer was not reflected in balance sheet and annual return of company, said acts of appellant amounted to oppression and mismanagement

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