https://www.taxtmi.com/caselaws?id=97967 The court dismissed the petition by ten directors of a company for relief under section 633(2) of the Companies Act, 1956. The directors failed to file required declarations on time and did not fully pay the additional fee demanded by the Registrar of Companies. The court held that it lacked authority to reduce or waive the fee and deemed the petition premature as the decision on prosecution was pending based on fee payment. The directors' lack of compliance with fee payment requirements led to the dismissal of their petition seeking relief from potential prosecution. en-us Fri, 03 Aug 1962 00:00:00 +0530 Wed, 18 Jan 2012 16:58:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97967 The court dismissed the petition by ten directors of a company for relief under section 633(2) of the Companies Act, 1956. The directors failed to file required declarations on time and did not fully pay the additional fee demanded by the Registrar of Companies. The court held that it lacked authority to reduce or waive the fee and deemed the petition premature as the decision on prosecution was pending based on fee payment. The directors' lack of compliance with fee payment requirements led to the dismissal of their petition seeking relief from potential prosecution. Case-Laws Companies Law Fri, 03 Aug 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97967