Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 1999 (1) TMI HC This
The High Court of Bombay allowed a company petition under section 633(2) of the Companies Act, 1956. The petitioners, directors of the company, were relieved from potential criminal proceedings for defaults in holding annual general meetings and filing returns due to reasons beyond their control. The Court accepted their plea that they acted honestly and reasonably. No costs were ordered.
|