Skip to content Skip to footer


Where land parcels of company were not clear and marketable (mortgaged to SBI) and admittedly properties which were not clear and marketable would fetch a lower than market value, and also, company was in urgent need of funds at that point of time, thus, there was no act of oppression and mismanagement by respondent directors of company for selling land parcels at a price lower than market price, and therefore, instant petition alleging oppression and mismanagement by respondents being devoid of any substance was to be dismissed – Arun Kumar Kedia v. Om Shiv Shakti Iron Industries (P.) Ltd. – [2024] 161 461 (NCLT – Hyd.)



As per the provisions of CA Act, we are not permitted to solicit work and advertise. The user acknowledges the following:
There has been no advertisement, personal communication, solicitation, invitation or inducement of any sort whatsoever from us or any of our members to solicit any work through this website; The user wishes to gain more information about us for his/her own information and use; The information about us is provided to the user only on his/her specific request and any information obtained or materials downloaded from this website is completely at the user’s volition and any transmission, receipt or use of this site would not create any lawyer-client relationship. The information provided under this website is solely available at your request for information purpose only and should not be interpreted as soliciting or advertisement.
We are not liable for any consequence of any action taken by the user relying on material/information provided under this website. In cases where the user has any legal issues, he/she in all cases must seek independent professional advice, as the material contained in this document does not constitute/substitute professional advice that may be required before acting on any matter. Neither this website nor the web pages and the information contained herein constitute a contract, or will form the basis of a contract. While, every care has been taken in preparing the content of this website and web pages to ensure accuracy at the time of publication and creation, however, Bicaps APS & Associates assumes no responsibility for any errors, which despite all precautions may be found herein. All disputes, if any, are subject to the exclusive jurisdiction of courts at New Delhi, India only.