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Non-disclosure of company's affairs by directors to its holding Co. amounted to oppression

March 15, 2017[2017] 79 71 (NCLT - Kolkata)/[2017] 140 SCL 367 (NCLT - Kolkata)/[2017] 202 COMP CASE 603 (NCLT - Kolkata)

CL : Where directors of subsidiary company misused their digital signatures and hid affairs of company form its holding company, there were oppression and mismanagement; respondent directors were to be restrained from representing themselves as Directors of company and ROC was to be directed to delete names of respondent directors from signatory details of MCA portal of company

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