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    <title>1958 (8) TMI 29 - HIGH COURT OF PUNJAB</title>
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    <description>The court overturned the acquittal of the accused company under the Companies Act, 1956, emphasizing that Section 652 does not exempt companies from complying with the Act&#039;s requirements on holding offices of profit by directors. The judgment clarified that the accused company must face trial based on established facts and laws, setting aside the acquittal and directing the trial to proceed. Both judges agreed on this decision.</description>
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    <pubDate>Wed, 06 Aug 1958 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=97600</link>
      <description>The court overturned the acquittal of the accused company under the Companies Act, 1956, emphasizing that Section 652 does not exempt companies from complying with the Act&#039;s requirements on holding offices of profit by directors. The judgment clarified that the accused company must face trial based on established facts and laws, setting aside the acquittal and directing the trial to proceed. Both judges agreed on this decision.</description>
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