NCLT Hyderabad allows oppression petition against MBG Commodities, finding illegal share allotment diluted petitioners' stake from 71.79% to 47.87%.
Tribunal sets aside EGM resolutions dated 06.01.2025 and 28.06.2025 due to improper notice service and procedural violations in rights issue.
RoC directed to invalidate Form PAS-3 and MGT-14 filings and restore petitioners' original 71.79% shareholding in company register.