Yashovardhan Saboo vs Groz-Beckert Saboo Ltd. And Ors. (CLB)

Company Law Board Yashovardhan Saboo vs Groz-Beckert Saboo Ltd. And Ors. Date- 22 October, 1992 Equivalent citations: 1995 83 Comp Cas 371 CLB Bench: S Upasani, S Balasubramanian ORDER 1. This is a petition filed on January 22, 1992, under Section 397/398 of the Companies Act, 1956, by Shri Yashovardhan Saboo who holds 14,791 equity shares and supported by other 12 shareholders having 2,71,870 shares of Groz-Beckert Saboo Limited (hereinafter referred to as “the company”) alleging various acts of oppression and mismanagement in respect of the company. The authorised share capit...