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    <title>1996 (4) TMI 424 - HIGH COURT OF KARNATAKA</title>
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    <description>Alleged false statements in civil suits and affidavits were held not to disclose offences under the Companies Act, 1956; if false evidence was made out, the proper recourse lay under criminal procedure relating to offences affecting the administration of justice, not prosecution under the Companies Act. Allegations of failure to convene an extraordinary general meeting also did not create penal liability, because section 169 provided a self-contained mechanism for requisition and calling the meeting. The arbitration committee report was not shown to satisfy the ingredients of the alleged offence under section 628. The Karnataka HC treated the complaints as abusive and quashed the criminal proceedings.</description>
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      <title>1996 (4) TMI 424 - HIGH COURT OF KARNATAKA</title>
      <link>https://www.taxtmi.com/caselaws?id=104047</link>
      <description>Alleged false statements in civil suits and affidavits were held not to disclose offences under the Companies Act, 1956; if false evidence was made out, the proper recourse lay under criminal procedure relating to offences affecting the administration of justice, not prosecution under the Companies Act. Allegations of failure to convene an extraordinary general meeting also did not create penal liability, because section 169 provided a self-contained mechanism for requisition and calling the meeting. The arbitration committee report was not shown to satisfy the ingredients of the alleged offence under section 628. The Karnataka HC treated the complaints as abusive and quashed the criminal proceedings.</description>
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      <pubDate>Mon, 15 Apr 1996 00:00:00 +0530</pubDate>
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