https://www.taxtmi.com/caselaws?id=109532 The court allowed the company petitions, granting relief to the petitioners-directors from the prosecution initiated by the respondent. The court determined that the petitioners acted reasonably and in good faith, remedying the contravention before prosecution commenced. It was concluded that the selective prosecution lacked bona fides, leading to the petitioners being relieved from prosecution under section 633(2) of the Companies Act, 1956. en-us Mon, 24 Mar 2003 00:00:00 +0530 Tue, 10 Apr 2012 16:35:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109532 The court allowed the company petitions, granting relief to the petitioners-directors from the prosecution initiated by the respondent. The court determined that the petitioners acted reasonably and in good faith, remedying the contravention before prosecution commenced. It was concluded that the selective prosecution lacked bona fides, leading to the petitioners being relieved from prosecution under section 633(2) of the Companies Act, 1956. Case-Laws Companies Law Mon, 24 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109532