Case Law Analysis
|National Company Law Appellate Tribunal
Swiss Challenge Method Valid for Share Valuation in Oppression Cases | Sections 241-242 Companies Act 2013 : NCLAT
NCLAT upheld the Swiss Challenge method as a valid share-valuation tool in oppression cases under Sections 241-242 of the Companies Act 2013, stressing that notice must precede any director disqualification and giving family firms way to break deadlocks.