Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2019 (1) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (1) TMI 1576 - Tri - Companies LawOppression and Mismanagement - recasting and re-opening the accounts of a company - HELD THAT:- The Appellant, former Vice-President and Director, has challenged the said order dated 1st January, 2019 on the ground that the impugned order was passed ex-parte though notice was served to the Appellant and sought for time, but the Tribunal proceeded with the impugned order. According to him, the provision of Section 230 is Draconian Section introduced in Companies Act, 2013. However, such submission cannot be accepted till any person challenges the provisions before the Court of Competent Jurisdiction such as the Hon’ble High Court and the Hon’ble Supreme Court. Even if it is accepted that the Appellant on receipt of notice wanted to file reply-affidavit but as no ground is made out to hold the impugned order dated 1st January, 2019 as illegal, we are not inclined to remit the matter to the Tribunal on the ground of violations of rules of natural justice. Appeal dismissed.
|