NCLT Ahmedabad partially allows petition alleging oppression and mismanagement in Tea Station Pvt Ltd.
Tribunal finds fraudulent transfer of 'Tea Post' brand at Rs 35 lakhs undervalued from actual Rs 24-25 crores.
Directs Respondent No. 10 to credit proceeds from 90.47% share sale to Acclaim Enterprise LLP back to Tea Station.
Orders fresh memorandum between group companies for profit/loss sharing and disposes of the company petition.