https://www.taxtmi.com/caselaws?id=100677 The court dismissed the writ petition challenging the appointment of Government directors under Section 408 of the Companies Act, 1956. It held that the Central Government's actions were justified to prevent the company from being managed in a manner prejudicial to its interests or public interest. The court found compliance with the principles of natural justice and rejected claims of inadequacy in reasons provided for the appointments. The petitioners' arguments regarding the number of directors appointed and the opportunity to object were also dismissed. The court concluded that the Central Government's actions were valid and declined the petitioners' request for a certificate to appeal to the Supreme Court. en-us Thu, 26 May 1983 00:00:00 +0530 Fri, 03 Feb 2012 18:26:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100677 The court dismissed the writ petition challenging the appointment of Government directors under Section 408 of the Companies Act, 1956. It held that the Central Government's actions were justified to prevent the company from being managed in a manner prejudicial to its interests or public interest. The court found compliance with the principles of natural justice and rejected claims of inadequacy in reasons provided for the appointments. The petitioners' arguments regarding the number of directors appointed and the opportunity to object were also dismissed. The court concluded that the Central Government's actions were valid and declined the petitioners' request for a certificate to appeal to the Supreme Court. Case-Laws Companies Law Thu, 26 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100677