https://www.taxtmi.com/caselaws?id=103058 The High Court upheld the Company Judge's decision, dismissing the appeal without costs. The Court emphasized the directors' obligations under the Companies Act and the discretionary nature of relief under section 633, affirming the Company Judge's decision regarding the directors' liability for non-compliance with statutory provisions. The appellants were advised to seek relief through appropriate legal proceedings if the compromise decree offered protection, highlighting their rights and responsibilities as directors under the Act. en-us Mon, 12 Feb 1996 00:00:00 +0530 Mon, 20 Feb 2012 15:30:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103058 The High Court upheld the Company Judge's decision, dismissing the appeal without costs. The Court emphasized the directors' obligations under the Companies Act and the discretionary nature of relief under section 633, affirming the Company Judge's decision regarding the directors' liability for non-compliance with statutory provisions. The appellants were advised to seek relief through appropriate legal proceedings if the compromise decree offered protection, highlighting their rights and responsibilities as directors under the Act. Case-Laws Companies Law Mon, 12 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103058