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    <title>1970 (2) TMI 78 - HIGH COURT OF BOMBAY</title>
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    <description>An ex parte order for private examination under section 477 of the Companies Act, 1956 may be vacated if it was obtained without full materials, by misstatement, or for a vexatious or collateral purpose unconnected with winding up. Private examination is confined to obtaining information relevant to the company&#039;s affairs, and differs from public examination under section 478. On the facts, the materials showed the examination was sought solely to gather evidence for pending misfeasance proceedings, not for the proper object of section 477, so the revocation application succeeded and the order was set aside.</description>
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    <pubDate>Wed, 25 Feb 1970 00:00:00 +0530</pubDate>
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      <title>1970 (2) TMI 78 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=98750</link>
      <description>An ex parte order for private examination under section 477 of the Companies Act, 1956 may be vacated if it was obtained without full materials, by misstatement, or for a vexatious or collateral purpose unconnected with winding up. Private examination is confined to obtaining information relevant to the company&#039;s affairs, and differs from public examination under section 478. On the facts, the materials showed the examination was sought solely to gather evidence for pending misfeasance proceedings, not for the proper object of section 477, so the revocation application succeeded and the order was set aside.</description>
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      <pubDate>Wed, 25 Feb 1970 00:00:00 +0530</pubDate>
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