https://www.taxtmi.com/caselaws?id=97707 The Court upheld the validity of the impugned notices and relevant sections of the Companies Act, 1956. It was determined that the inspector appointed under the old Companies Act, 1913, had the authority to exercise powers under the new Companies Act, 1956. The Court found no violation of Article 20(3) of the Constitution, as the investigation was not an accusation of any offense against the appellant. Additionally, the Court held that the provisions of the Companies Act did not violate Article 14 of the Constitution, as the classification of companies and individuals was deemed reasonable. The appeal was dismissed. en-us Wed, 31 Aug 1960 00:00:00 +0530 Wed, 10 Sep 2014 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97707 The Court upheld the validity of the impugned notices and relevant sections of the Companies Act, 1956. It was determined that the inspector appointed under the old Companies Act, 1913, had the authority to exercise powers under the new Companies Act, 1956. The Court found no violation of Article 20(3) of the Constitution, as the investigation was not an accusation of any offense against the appellant. Additionally, the Court held that the provisions of the Companies Act did not violate Article 14 of the Constitution, as the classification of companies and individuals was deemed reasonable. The appeal was dismissed. Case-Laws Companies Law Wed, 31 Aug 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97707