https://www.taxtmi.com/caselaws?id=100343 The judgment dismissed the application alleging a violation of section 314 of the Companies Act, 1956 by a director and an employee of a company. It was held that the director's son, the employee, did not breach the Act as the director did not hold an office of profit. The court emphasized the need for factual evidence to substantiate claims under the Act and clarified the distinction between ordinary directors and those holding offices of profit. Ultimately, the application was dismissed without costs due to the failure to prove the alleged violations. en-us Tue, 20 Jul 1982 00:00:00 +0530 Wed, 01 Feb 2012 10:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100343 The judgment dismissed the application alleging a violation of section 314 of the Companies Act, 1956 by a director and an employee of a company. It was held that the director's son, the employee, did not breach the Act as the director did not hold an office of profit. The court emphasized the need for factual evidence to substantiate claims under the Act and clarified the distinction between ordinary directors and those holding offices of profit. Ultimately, the application was dismissed without costs due to the failure to prove the alleged violations. Case-Laws Companies Law Tue, 20 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100343