https://www.taxtmi.com/caselaws?id=110811 The High Court held that the Managing Director exceeded authority in terminating the respondent, setting aside the dismissal and ordering reinstatement. The Supreme Court clarified that ratification by competent authority can validate an initially invalid act, retroactively making the dismissal valid from the original order date. Emphasizing the Board of Directors' ratification, the Court distinguished this case from others, highlighting the retrospective validation power of ratification. The Court upheld the dismissal order, emphasizing the importance of ratification in validating past actions. en-us Mon, 24 Apr 2006 00:00:00 +0530 Sat, 04 Apr 2020 13:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110811 The High Court held that the Managing Director exceeded authority in terminating the respondent, setting aside the dismissal and ordering reinstatement. The Supreme Court clarified that ratification by competent authority can validate an initially invalid act, retroactively making the dismissal valid from the original order date. Emphasizing the Board of Directors' ratification, the Court distinguished this case from others, highlighting the retrospective validation power of ratification. The Court upheld the dismissal order, emphasizing the importance of ratification in validating past actions. Case-Laws Indian Laws Mon, 24 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110811