NCLT Ahmedabad dismissed an application under Section 244(1) seeking a waiver of eligibility requirements to file an oppression petition.
Applicant Dhartiben Bhoraniya, a nominee shareholder holding 0.01%, failed to prove locus standi or genuine grievance.
The Tribunal held a nominee shareholder without beneficial interest cannot invoke Sections 241-242 of the Companies Act.
Consequently, the companion oppression petition (CP No. 31/2026) was also rejected as non-maintainable.