https://www.taxtmi.com/caselaws?id=104598 The court held that the respondents were liable for misfeasance and breach of duty, causing a loss to the company. They were directed to pay Rs. 3,10,000 with 12% interest from the petition's filing until realization. The court found the petition timely filed and valid without the voluntary liquidator's joinder. en-us Thu, 26 Mar 1998 00:00:00 +0530 Wed, 29 Feb 2012 16:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104598 The court held that the respondents were liable for misfeasance and breach of duty, causing a loss to the company. They were directed to pay Rs. 3,10,000 with 12% interest from the petition's filing until realization. The court found the petition timely filed and valid without the voluntary liquidator's joinder. Case-Laws Companies Law Thu, 26 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104598