Companies Law - Highlights / Catch Notes

Prosecution proceedings against the Director - Non-submission of ...

Court Clears Former Directors of Liability for 2014 Financial Reporting Defaults After Resignations in 1995 and 1998.

May 5, 2023

Case Laws Companies Law HC

Prosecution proceedings against the Director - Non-submission of financial statement within the stipulated time with registrar of companies - Admittedly, petitioners resigned w.e.f. 19.04.1995 and 05.05.1998. Much thereafter, alleged defaults have been committed. - petitioners made out their case for interference. Once, they resigned in the years 1995 and 1998, then they cannot be fastened with any liability for a period of 2014. - HC

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Prosecution proceedings against the Director - Non-submission of ...

Court Clears Former Directors of Liability for 2014 Financial Reporting Defaults After Resignations in 1995 and 1998.

May 5, 2023

Case Laws Companies Law HC

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