https://www.taxtmi.com/caselaws?id=102002 The court ruled in favor of the petitioner, declaring their appointment as managing director valid despite the Central Government's refusal to approve it. The court interpreted conflicting provisions of section 269 of the Companies Act, determining that the refusal of approval does not render the appointment ineffective. The petitioner was deemed entitled to draw salary for the disputed period, and the rejection of the appointment was quashed, granting relief to the petitioner. en-us Tue, 30 Oct 1990 00:00:00 +0530 Mon, 13 Feb 2012 13:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102002 The court ruled in favor of the petitioner, declaring their appointment as managing director valid despite the Central Government's refusal to approve it. The court interpreted conflicting provisions of section 269 of the Companies Act, determining that the refusal of approval does not render the appointment ineffective. The petitioner was deemed entitled to draw salary for the disputed period, and the rejection of the appointment was quashed, granting relief to the petitioner. Case-Laws Companies Law Tue, 30 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102002