https://www.taxtmi.com/caselaws?id=99424 The court rejected the objections raised by the directors and the secretary regarding their obligation to file the statement of affairs for the company. It directed the directors and the secretary to submit the statement of affairs to the official liquidator within six weeks, warning of legal consequences for non-compliance. The court held that even after resignation, they were still obligated to provide the statement as former officers of the company under Section 454 of the Companies Act, 1956. The court also ruled that provisions in the company's articles of association allowing resignation by notice were not valid under the Act. en-us Mon, 05 May 1975 00:00:00 +0530 Fri, 27 Jan 2012 12:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99424 The court rejected the objections raised by the directors and the secretary regarding their obligation to file the statement of affairs for the company. It directed the directors and the secretary to submit the statement of affairs to the official liquidator within six weeks, warning of legal consequences for non-compliance. The court held that even after resignation, they were still obligated to provide the statement as former officers of the company under Section 454 of the Companies Act, 1956. The court also ruled that provisions in the company's articles of association allowing resignation by notice were not valid under the Act. Case-Laws Companies Law Mon, 05 May 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99424