https://www.taxtmi.com/caselaws?id=99748 The court upheld the constitutionality of Section 204A of the Companies Act under Article 14, emphasizing that granting discretion to the executive does not render a provision unconstitutional. It found the Central Government's decision rejecting an executive director appointment not aligned with the Companies Act's purpose and lacking valid reasons. The court criticized the Central Government's failure to consider the appointment's legitimacy and directed a reconsideration. The writ petition succeeded, the impugned letters were quashed, and the Central Government was instructed to reassess the application in line with the judgment and the law. en-us Wed, 29 Aug 1979 00:00:00 +0530 Mon, 30 Jan 2012 10:26:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99748 The court upheld the constitutionality of Section 204A of the Companies Act under Article 14, emphasizing that granting discretion to the executive does not render a provision unconstitutional. It found the Central Government's decision rejecting an executive director appointment not aligned with the Companies Act's purpose and lacking valid reasons. The court criticized the Central Government's failure to consider the appointment's legitimacy and directed a reconsideration. The writ petition succeeded, the impugned letters were quashed, and the Central Government was instructed to reassess the application in line with the judgment and the law. Case-Laws Companies Law Wed, 29 Aug 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99748