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NATIONAL COMPANY LAW TRIBUNAL
Brajendra Mani Tripathi, J, Man Mohan Gupta, Technical Member
Shashi Kala Jain – Appellant
Versus
Mittal Soya Protein Private Limited – Respondent
| Table of Content |
|---|
| 1. petition under sections 241-242 alleging oppression and mismanagement. (Para 1 , 2) |
| 2. petitioner's allegations of forgery, illegal share issuance, and mismanagement. (Para 3) |
| 3. respondents deny oppression, justify share allotments for debt-equity compliance. (Para 4) |
| 4. petitioner's rejoinder denies respondents' claims, reiterates oppression. (Para 5) |
| 5. petition dismissed for lack of oppression evidence. (Para 7 , 8 , 9 , 10) |
O R D E R
1. The present Petition, filed dated 08.05.2024, under Section 241-242 of Companies Act,2016, by Shashikala Jain, Shareholder of Respondent No. 1 Company against Mittal Soya Protein Private Limited along with its Directors and Shareholders for seeking directions as given below:
a. Issue appropriate orders, directions and reliefs under Sections 241, 242 and other applicable provisions of the Companies Act, 2013 to bring to an end the aforesaid acts of oppression and mismanagement being perpetrated by the Respondents, including the orders, directions and reliefs prayed for herein;
b. quash the Board Resolution dated 22/02/2022, 15/06/2022, 28/06/2022, 21/07/2022 and 25.04.2024;
c. issue necessary directions to declare that the manner of is
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