Share Allotment at Concessional Price is Oppressive to Existing Members: NCLT

Ajay Tajpuriya & Anr. Vs Goel Ganga Infrastructure & Real Estate Pvt. Ltd. & Ors. (NCLT Mumbai) The case, TCP 08 of 2014, involves petitioners Ajay R. Tajpuriya and Manoj R. Tajpuriya against Goel Ganga Infrastructure and Real Estate Pvt. Ltd. and other respondents. The petitioners seek relief under various sections of the Companies Act, 1956, alleging acts of oppression and mismanagement by the respondents. Petitioners’ Claims and Relief Sought: The petitioners requested multiple forms of relief, including: Orders to end acts of oppression and mismanagement. Appointment of ...