"A lack of probity is a lack of integrity.... ... Tata Sons v Cyrus Mistry - Live Updates From Supreme Court [Day-6]

"A lack of probity is a lack of integrity. According to principles of company law, Oppression involves an element of lack of fair dealings. It is wide enough to take actions of anyone taking part de facto or de jure in the company. Just and equitable standard enable the court to exercise the powers in fair manner. Director of a subsidiary company should act in its favour and not of a holding company. " he argues.