https://www.taxtmi.com/caselaws?id=101161 A pending application under section 633(2) of the Companies Act was held not to be defeated by the Registrar's later filing of criminal complaints, because that provision is designed to protect officers against apprehended prosecution. The court also found that prosecution was not justified on the allegations under section 217, where the conduct appeared bona fide and the sums involved were insignificant, and under section 209(5), where the allegations were general and unspecific and corrective steps were already in progress. Complaint proceedings were, however, allowed to continue on the section 211 allegations where interference was declined. en-us Fri, 19 Oct 1984 00:00:00 +0530 Wed, 08 Feb 2012 17:45:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101161 A pending application under section 633(2) of the Companies Act was held not to be defeated by the Registrar's later filing of criminal complaints, because that provision is designed to protect officers against apprehended prosecution. The court also found that prosecution was not justified on the allegations under section 217, where the conduct appeared bona fide and the sums involved were insignificant, and under section 209(5), where the allegations were general and unspecific and corrective steps were already in progress. Complaint proceedings were, however, allowed to continue on the section 211 allegations where interference was declined. Case-Laws Companies Law Fri, 19 Oct 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101161