https://www.taxtmi.com/caselaws?id=109641 In sick industrial company proceedings, expert findings on rehabilitation viability will not usually be disturbed in writ jurisdiction where the statutory authorities have considered the relevant material and the affected financial institutions' views. The Board and the Appellate Authority may rely on an operating agency's examination of the revised proposal, and the process is not treated as an adversarial lis. Where the record shows that the company could not be made viable within permissible parameters, and the petitioner did not participate in the joint meeting, the High Court will not ordinarily order remand if passage of time makes fresh consideration futile. en-us Fri, 25 Jul 2003 00:00:00 +0530 Wed, 11 Apr 2012 11:41:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109641 In sick industrial company proceedings, expert findings on rehabilitation viability will not usually be disturbed in writ jurisdiction where the statutory authorities have considered the relevant material and the affected financial institutions' views. The Board and the Appellate Authority may rely on an operating agency's examination of the revised proposal, and the process is not treated as an adversarial lis. Where the record shows that the company could not be made viable within permissible parameters, and the petitioner did not participate in the joint meeting, the High Court will not ordinarily order remand if passage of time makes fresh consideration futile. Case-Laws Companies Law Fri, 25 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109641