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1994 (4) TMI 233 - SC - Companies LawWhether the consent given by her general power of attorney holder for and on her behalf—and not by her personally—is a valid consent within the meaning of sub-section (3) of section 399? Held that:- Appeal is allowed and the orders of the learned company judge and the Division Bench impugned herein are set aside. The consent given by the first appellant for and on behalf of Smt. V. Rajeshwari, as her general power of attorney holder is a valid consent within the meaning of section 399(3) and, therefore, the preliminary objection to the maintainability of the application filed under sections 397 and 398 is unsustainable in law. The application may be proceeded with in accordance with law expeditiously, in view of the fact that about fifteen years have been spent on a preliminary objection alone.
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