NCLT Mumbai disposes of oppression petitions filed by Sunil Kapur against family members in R.K. Paper Industries and Jai Kaushal Industries.
Tribunal finds excessive remuneration payments by Surendra and Jatindra Kapur in Jai Kaushal Industries constitutes oppression.
Orders respondents to buyout petitioners' 19.73% stake in R.K. Paper for ₹4.81 crore plus remuneration adjustment.
Directs respondents to purchase petitioners' 19.87% stake in Jai Kaushal for ₹3.03 crore with specific payment terms.