https://www.taxtmi.com/caselaws?id=104076 The Court granted permission for the Samiti to operate the Chanpatia factory for the 1998-99 season due to the significant benefits provided to workers and cane-growers, despite incurring losses. Allegations of misappropriation were not substantiated by the official liquidator's report, leading to the imposition of strict conditions on the Samiti for continued operation, including financial transparency and compliance measures. The Court emphasized the importance of safeguarding the livelihoods of workers and cane-growers while ensuring accountability and proper management of the factory. en-us Wed, 27 Jan 1999 00:00:00 +0530 Mon, 27 Feb 2012 15:34:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104076 The Court granted permission for the Samiti to operate the Chanpatia factory for the 1998-99 season due to the significant benefits provided to workers and cane-growers, despite incurring losses. Allegations of misappropriation were not substantiated by the official liquidator's report, leading to the imposition of strict conditions on the Samiti for continued operation, including financial transparency and compliance measures. The Court emphasized the importance of safeguarding the livelihoods of workers and cane-growers while ensuring accountability and proper management of the factory. Case-Laws Companies Law Wed, 27 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104076