https://www.taxtmi.com/caselaws?id=103210 A nominee-director's claim of statutory protection and good faith did not justify terminating misfeasance proceedings at the threshold where the allegations turned on disputed facts. The Court held that whether the director's conduct was within the claimed immunity and whether it was done in good faith required trial and could not be conclusively decided on affidavits and documents at the preliminary stage. The official liquidator was permitted to file points of claim, with the respondents to answer them in the ordinary course of misfeasance proceedings, and the objection to maintainability was rejected. en-us Fri, 09 Jul 1993 00:00:00 +0530 Tue, 21 Feb 2012 15:35:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103210 A nominee-director's claim of statutory protection and good faith did not justify terminating misfeasance proceedings at the threshold where the allegations turned on disputed facts. The Court held that whether the director's conduct was within the claimed immunity and whether it was done in good faith required trial and could not be conclusively decided on affidavits and documents at the preliminary stage. The official liquidator was permitted to file points of claim, with the respondents to answer them in the ordinary course of misfeasance proceedings, and the objection to maintainability was rejected. Case-Laws Companies Law Fri, 09 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103210