https://www.taxtmi.com/caselaws?id=105416 The appellants challenged the order declaring them defaulters, alleging violations of natural justice and arbitrariness. The High Court dismissed their writ petition due to delay and laches, as the appellants were aware of their status but delayed seeking legal recourse. The Court upheld the dismissal, emphasizing the importance of timely action in legal matters to protect rights. The appeal was ultimately dismissed for lacking merit, with no costs awarded, underscoring the significance of prompt legal action in such cases. en-us Fri, 27 Apr 2001 00:00:00 +0530 Wed, 19 Feb 2014 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105416 The appellants challenged the order declaring them defaulters, alleging violations of natural justice and arbitrariness. The High Court dismissed their writ petition due to delay and laches, as the appellants were aware of their status but delayed seeking legal recourse. The Court upheld the dismissal, emphasizing the importance of timely action in legal matters to protect rights. The appeal was ultimately dismissed for lacking merit, with no costs awarded, underscoring the significance of prompt legal action in such cases. Case-Laws Companies Law Fri, 27 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105416