https://www.taxtmi.com/caselaws?id=106294 Concurrent factual findings that a company's accounts were manipulated and funds diverted were not interfered with in writ jurisdiction because they were neither perverse nor unsupported by evidence. The court also held that no violation of natural justice or the BIFR Regulations was shown: the Regulations did not create a mandatory right to an independent Chartered Accountant, and procedural objections failed absent demonstrated prejudice or denial of a fair hearing. The AAIFR's remark on later references was treated as a rejection of references based on unreformed accounts, not as an absolute bar on future proceedings. The writ petition was dismissed with costs. en-us Wed, 24 Apr 2002 00:00:00 +0530 Tue, 13 Mar 2012 15:56:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106294 Concurrent factual findings that a company's accounts were manipulated and funds diverted were not interfered with in writ jurisdiction because they were neither perverse nor unsupported by evidence. The court also held that no violation of natural justice or the BIFR Regulations was shown: the Regulations did not create a mandatory right to an independent Chartered Accountant, and procedural objections failed absent demonstrated prejudice or denial of a fair hearing. The AAIFR's remark on later references was treated as a rejection of references based on unreformed accounts, not as an absolute bar on future proceedings. The writ petition was dismissed with costs. Case-Laws Companies Law Wed, 24 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106294