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    Equivalent-value attachment under the PMLA may extend to property despite unproven lawful sources and pre-crime acquisition.
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Seeking rectification of register of members of the Company -...

Court Orders Removal of Members Due to Violation of Company's Articles; Register to Be Rectified According to Rules.

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Companies Law December 31, 2021 Case Laws Tri
Seeking rectification of register of members of the Company - Even though the Respondents stated that they have inducted the new members with the approval of the Board, they have not produced any record to show that this was approved by any General Body of the Respondent Company, which is mandated under the Rules/Articles of Association of the Company. - It is declared that enrolment of R2 to R20 as members of 1st Respondent Company was done in clear violation of the Articles of Association of the Company. As such they are directed to be removed from the Register of Members of the 1st Respondent Company and rectify the Register of Members accordingly - Tri

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Acts Income Tax