https://www.taxtmi.com/caselaws?id=106380 The High Court of Andhra Pradesh allowed the appeals, setting aside the convictions of the appellants under sub-section (5A) of section 454 of the Companies Act, 1956. The Court emphasized that the prosecution must prove beyond doubt the absence of a reasonable excuse for non-compliance with section 454 requirements to exercise power under sub-section (5A). Without such evidence, convictions cannot be upheld, highlighting the importance of establishing the lack of reasonable excuse before prosecuting for non-compliance. The burden of proof lies with the prosecution to demonstrate this fact, ensuring fair legal proceedings in cases of company law violations. en-us Tue, 09 Jul 2002 00:00:00 +0530 Tue, 13 Mar 2012 18:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106380 The High Court of Andhra Pradesh allowed the appeals, setting aside the convictions of the appellants under sub-section (5A) of section 454 of the Companies Act, 1956. The Court emphasized that the prosecution must prove beyond doubt the absence of a reasonable excuse for non-compliance with section 454 requirements to exercise power under sub-section (5A). Without such evidence, convictions cannot be upheld, highlighting the importance of establishing the lack of reasonable excuse before prosecuting for non-compliance. The burden of proof lies with the prosecution to demonstrate this fact, ensuring fair legal proceedings in cases of company law violations. Case-Laws Companies Law Tue, 09 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106380