https://www.taxtmi.com/caselaws?id=97857 The court held that Rules 301 to 304 of the Companies (Court) Rules, 1959, were ultra vires the Companies Act, 1956, as they impinged on the court's discretion under Section 462. Consequently, the court directed the Assistant Registrar (Company) to propose a new procedure for auditing liquidator's accounts, signaling the issuance of fresh administrative guidelines. An appeal against this decision was dismissed due to non-maintainability. en-us Thu, 09 Mar 1961 00:00:00 +0530 Wed, 18 Jan 2012 13:16:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97857 The court held that Rules 301 to 304 of the Companies (Court) Rules, 1959, were ultra vires the Companies Act, 1956, as they impinged on the court's discretion under Section 462. Consequently, the court directed the Assistant Registrar (Company) to propose a new procedure for auditing liquidator's accounts, signaling the issuance of fresh administrative guidelines. An appeal against this decision was dismissed due to non-maintainability. Case-Laws Companies Law Thu, 09 Mar 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97857