https://www.taxtmi.com/caselaws?id=97907 The court ruled on the validity of creditor company votes at a meeting under section 153 of the Indian Companies Act, 1913. It clarified that appeals from the company judge's order lie with the High Court, not the Supreme Court. Despite objections raised regarding the timing of challenging votes, the court upheld the necessity of addressing legal defects. The central issue was the validity of votes cast by a representative on behalf of creditor companies, concluding that such votes were invalid as companies cannot be physically present at meetings. The appeals were dismissed, emphasizing adherence to statutory requirements in creditor meetings. en-us Fri, 22 Dec 1961 00:00:00 +0530 Wed, 18 Jan 2012 15:25:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97907 The court ruled on the validity of creditor company votes at a meeting under section 153 of the Indian Companies Act, 1913. It clarified that appeals from the company judge's order lie with the High Court, not the Supreme Court. Despite objections raised regarding the timing of challenging votes, the court upheld the necessity of addressing legal defects. The central issue was the validity of votes cast by a representative on behalf of creditor companies, concluding that such votes were invalid as companies cannot be physically present at meetings. The appeals were dismissed, emphasizing adherence to statutory requirements in creditor meetings. Case-Laws Companies Law Fri, 22 Dec 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97907