https://www.taxtmi.com/caselaws?id=106558 The court dismissed the company petition seeking relief from potential criminal proceedings under section 633(1) of the Companies Act, 1956 for alleged violations under section 628. The court emphasized that relief under section 633 is limited to cases where the officer acted honestly or reasonably, and in this case, the petitioners' honesty and reasonableness were questioned due to numerous contraventions and irregularities highlighted in the inspection report. The court clarified that the petitioners did not meet the criteria for relief under section 633 and directed them to contest the proceedings before the appropriate judicial magistrate if necessary. en-us Wed, 05 Dec 2001 00:00:00 +0530 Wed, 14 Mar 2012 17:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106558 The court dismissed the company petition seeking relief from potential criminal proceedings under section 633(1) of the Companies Act, 1956 for alleged violations under section 628. The court emphasized that relief under section 633 is limited to cases where the officer acted honestly or reasonably, and in this case, the petitioners' honesty and reasonableness were questioned due to numerous contraventions and irregularities highlighted in the inspection report. The court clarified that the petitioners did not meet the criteria for relief under section 633 and directed them to contest the proceedings before the appropriate judicial magistrate if necessary. Case-Laws Companies Law Wed, 05 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106558