https://www.taxtmi.com/caselaws?id=101229 The High Court allowed the revision petitions, setting aside the trial Magistrate's order and directing the complaints to be taken on file and disposed of according to law. The Court held that the complaints were maintainable against all directors, emphasizing that liability as an officer in default must be determined based on evidence during the trial. The Court clarified the absolute liability of the company once default is proved, requiring the company's inclusion as an accused for a valid prosecution, with conviction of the company necessary for conviction of officers in default. en-us Fri, 20 Dec 1985 00:00:00 +0530 Thu, 09 Feb 2012 10:37:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101229 The High Court allowed the revision petitions, setting aside the trial Magistrate's order and directing the complaints to be taken on file and disposed of according to law. The Court held that the complaints were maintainable against all directors, emphasizing that liability as an officer in default must be determined based on evidence during the trial. The Court clarified the absolute liability of the company once default is proved, requiring the company's inclusion as an accused for a valid prosecution, with conviction of the company necessary for conviction of officers in default. Case-Laws Companies Law Fri, 20 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101229