https://www.taxtmi.com/caselaws?id=99578 The court quashed the proceedings against the petitioners in Case No. C/3650 of 1977, ruling in their favor due to the lack of a prima facie case under section 293A of the Companies Act. The court found that the payment for advertisements by the petitioner-company did not constitute a contribution to a political party as alleged, but rather aimed at promoting the company's products. Consequently, the court deemed the continuation of the proceedings as an abuse of court process and unnecessary harassment, leading to the ruling in favor of the petitioners. en-us Thu, 01 Jun 1978 00:00:00 +0530 Fri, 27 Jan 2012 18:37:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99578 The court quashed the proceedings against the petitioners in Case No. C/3650 of 1977, ruling in their favor due to the lack of a prima facie case under section 293A of the Companies Act. The court found that the payment for advertisements by the petitioner-company did not constitute a contribution to a political party as alleged, but rather aimed at promoting the company's products. Consequently, the court deemed the continuation of the proceedings as an abuse of court process and unnecessary harassment, leading to the ruling in favor of the petitioners. Case-Laws Companies Law Thu, 01 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99578