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    <title>1995 (12) TMI 288 - HIGH COURT OF ANDHRA PRADESH</title>
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    <description>The High Court allowed both the company petition and the criminal petition, quashing the proceedings in C.C. No. 16 of 1993 on the file of the Special Judge for Economic Offences, City Criminal Courts, Hyderabad. The court found that the petitioners had not made any untrue statements with a mala fide intention and had acted honestly and reasonably, thereby entitling them to relief under Section 633(2) of the Companies Act, 1956.</description>
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      <description>The High Court allowed both the company petition and the criminal petition, quashing the proceedings in C.C. No. 16 of 1993 on the file of the Special Judge for Economic Offences, City Criminal Courts, Hyderabad. The court found that the petitioners had not made any untrue statements with a mala fide intention and had acted honestly and reasonably, thereby entitling them to relief under Section 633(2) of the Companies Act, 1956.</description>
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