https://www.taxtmi.com/caselaws?id=97663 A high court decision declining to annul a company's certificate of incorporation on allegations of sham formation and fraudulent motive: the court applied the principle that a certificate of incorporation issued under the Companies Act is conclusive once statutory formalities under incorporation statutes are met, permitting annulment only for narrow grounds such as proven fraud on the registrar; the Registrar's role is limited to formal compliance and not probing promoters' motives; statutory investigatory and winding up remedies and enforcement of contractual and labour claims are the appropriate channels for grievances arising from a company's formation or conduct. en-us Wed, 29 Jul 1959 00:00:00 +0530 Tue, 17 Jan 2012 16:02:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97663 A high court decision declining to annul a company's certificate of incorporation on allegations of sham formation and fraudulent motive: the court applied the principle that a certificate of incorporation issued under the Companies Act is conclusive once statutory formalities under incorporation statutes are met, permitting annulment only for narrow grounds such as proven fraud on the registrar; the Registrar's role is limited to formal compliance and not probing promoters' motives; statutory investigatory and winding up remedies and enforcement of contractual and labour claims are the appropriate channels for grievances arising from a company's formation or conduct. Case-Laws Companies Law Wed, 29 Jul 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97663