https://www.taxtmi.com/caselaws?id=108660 The court dismissed the applications due to the invalidity of the transaction under Section 531 of the Companies Act, preventing the applicant from obtaining relief based on the contested agreement. The judgment highlighted the importance of legal compliance and timelines in commercial transactions, emphasizing the need for parties to adhere to legal provisions and procedures in such matters. en-us Mon, 06 Jan 2003 00:00:00 +0530 Tue, 03 Apr 2012 12:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108660 The court dismissed the applications due to the invalidity of the transaction under Section 531 of the Companies Act, preventing the applicant from obtaining relief based on the contested agreement. The judgment highlighted the importance of legal compliance and timelines in commercial transactions, emphasizing the need for parties to adhere to legal provisions and procedures in such matters. Case-Laws Companies Law Mon, 06 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108660