https://www.taxtmi.com/caselaws?id=108545 The Court held that Section 630 of the Companies Act, 1956 applies to family members of a deceased employee who wrongfully withhold company property. It clarified that the term "wrongful withholding" encompasses both present and past employees, as well as their legal heirs. The Court emphasized that the primary objective of the provision is to retrieve company property rather than impose punitive measures. The appeal was dismissed, affirming the prosecution under Section 630. en-us Wed, 16 Apr 2003 00:00:00 +0530 Mon, 02 Jun 2014 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108545 The Court held that Section 630 of the Companies Act, 1956 applies to family members of a deceased employee who wrongfully withhold company property. It clarified that the term "wrongful withholding" encompasses both present and past employees, as well as their legal heirs. The Court emphasized that the primary objective of the provision is to retrieve company property rather than impose punitive measures. The appeal was dismissed, affirming the prosecution under Section 630. Case-Laws Companies Law Wed, 16 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108545