https://www.taxtmi.com/caselaws?id=100055 The court dismissed the applications due to lack of locus standi and maintainability under Section 446 of the Companies Act. The challenges to the decrees were deemed time-barred, except for one application filed within the limitation period. The court found that the decrees were not nullities and could not be voided under Sections 457 or 531 of the Companies Act. Consequently, the applications were dismissed, and execution proceedings were scheduled for further directions, with each party bearing its own costs. en-us Wed, 18 Feb 1981 00:00:00 +0530 Tue, 31 Jan 2012 11:04:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100055 The court dismissed the applications due to lack of locus standi and maintainability under Section 446 of the Companies Act. The challenges to the decrees were deemed time-barred, except for one application filed within the limitation period. The court found that the decrees were not nullities and could not be voided under Sections 457 or 531 of the Companies Act. Consequently, the applications were dismissed, and execution proceedings were scheduled for further directions, with each party bearing its own costs. Case-Laws Companies Law Wed, 18 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100055