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    <title>2005 (6) TMI 292 - HIGH COURT OF BOMBAY</title>
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    <description>The Court allowed the appeal, setting aside the Company Law Board&#039;s order appointing a retired Judge as the Executing Authority under section 634A of the Companies Act. The Court emphasized that while the Board can seek assistance for execution, it cannot delegate its decision-making authority. The order lacked specificity on properties for sale, expenses deduction, and procedural details, which should be decided by the Board. The Court directed the Board to reconsider the matter with proper guidance for future actions, highlighting the importance of adhering to legal procedures in executing Board orders.</description>
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    <pubDate>Thu, 23 Jun 2005 00:00:00 +0530</pubDate>
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      <title>2005 (6) TMI 292 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=111202</link>
      <description>The Court allowed the appeal, setting aside the Company Law Board&#039;s order appointing a retired Judge as the Executing Authority under section 634A of the Companies Act. The Court emphasized that while the Board can seek assistance for execution, it cannot delegate its decision-making authority. The order lacked specificity on properties for sale, expenses deduction, and procedural details, which should be decided by the Board. The Court directed the Board to reconsider the matter with proper guidance for future actions, highlighting the importance of adhering to legal procedures in executing Board orders.</description>
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      <pubDate>Thu, 23 Jun 2005 00:00:00 +0530</pubDate>
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