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    <title>2007 (3) TMI 375 - HIGH COURT OF DELHI</title>
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    <description>The Court dismissed the petition challenging the removal of statutory auditors without Central Government approval, as the removal process was found to comply with the requirements of section 224(7) of the Companies Act, 1956. The Court distinguished the case from a precedent where removal was done without prior approval, emphasizing that in this instance, the necessary approval was obtained before the actual removal in the General Meeting. Thus, the Court upheld the removal of the auditors as lawful and in accordance with the statutory procedure.</description>
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    <pubDate>Thu, 08 Mar 2007 00:00:00 +0530</pubDate>
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      <title>2007 (3) TMI 375 - HIGH COURT OF DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=111236</link>
      <description>The Court dismissed the petition challenging the removal of statutory auditors without Central Government approval, as the removal process was found to comply with the requirements of section 224(7) of the Companies Act, 1956. The Court distinguished the case from a precedent where removal was done without prior approval, emphasizing that in this instance, the necessary approval was obtained before the actual removal in the General Meeting. Thus, the Court upheld the removal of the auditors as lawful and in accordance with the statutory procedure.</description>
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      <pubDate>Thu, 08 Mar 2007 00:00:00 +0530</pubDate>
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