https://www.taxtmi.com/caselaws?id=98756 The High Court held that it lacked jurisdiction to grant relief under section 633(2) of the Companies Act for ex-directors' non-compliance with court directions. The court emphasized that relief under this section does not apply to defaults in adhering to court orders and cannot be granted if criminal proceedings have commenced. The petition was deemed incompetent, and the court dismissed it, with each party bearing their costs. The court did not address whether the ex-directors acted reasonably or honestly in failing to comply with the Magistrate's order. en-us Fri, 08 May 1970 00:00:00 +0530 Sat, 21 Jan 2012 18:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98756 The High Court held that it lacked jurisdiction to grant relief under section 633(2) of the Companies Act for ex-directors' non-compliance with court directions. The court emphasized that relief under this section does not apply to defaults in adhering to court orders and cannot be granted if criminal proceedings have commenced. The petition was deemed incompetent, and the court dismissed it, with each party bearing their costs. The court did not address whether the ex-directors acted reasonably or honestly in failing to comply with the Magistrate's order. Case-Laws Companies Law Fri, 08 May 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98756