12 August 2024


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NCLAT: Oppression & Mismanagement Petition Cannot Be Filed Without Company Membership on Filing Date - 26.12.2025

NCLAT Chennai reaffirmed that a petition alleging oppression and mismanagement under Sections 241 and 244 of the Companies Act, 2013, is not maintainable unless the filer proves they were a company member on the petition’s filing date.

Tags : Oppression Mismanagement Company Membership

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