https://www.taxtmi.com/caselaws?id=111078 A quasi-judicial appellate authority under a rehabilitation regime must decide matters on merits and by a reasoned order; a technical or non-speaking dismissal is unsustainable in law. Where the approved scheme is already in the monitoring stage and the record shows substantial compliance, including settlement of employee and creditor liabilities and improved financial position, remand serves no useful purpose. Subsequent compliance may therefore justify closing the proceedings rather than sending the matter back for fresh consideration, and the related company petitions may be dismissed. The impugned appellate order was set aside and the rehabilitation process treated as substantially implemented. en-us Thu, 25 Nov 2004 00:00:00 +0530 Fri, 20 Apr 2012 12:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111078 A quasi-judicial appellate authority under a rehabilitation regime must decide matters on merits and by a reasoned order; a technical or non-speaking dismissal is unsustainable in law. Where the approved scheme is already in the monitoring stage and the record shows substantial compliance, including settlement of employee and creditor liabilities and improved financial position, remand serves no useful purpose. Subsequent compliance may therefore justify closing the proceedings rather than sending the matter back for fresh consideration, and the related company petitions may be dismissed. The impugned appellate order was set aside and the rehabilitation process treated as substantially implemented. Case-Laws Companies Law Thu, 25 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111078