https://www.taxtmi.com/caselaws?id=111259 Section 630 of the Companies Act, 1956 applies to a former employee who continues to retain company accommodation or other company property after termination, because the provision targets wrongful withholding and treats the default as continuing until the property is returned. A pending challenge to the termination order does not by itself suspend or nullify the termination, and service proceedings do not bar prosecution for wrongful retention of company property unless the termination is set aside or stayed by a competent forum. The conviction and related directions were affirmed. en-us Wed, 18 Apr 2007 00:00:00 +0530 Sat, 21 Apr 2012 14:31:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111259 Section 630 of the Companies Act, 1956 applies to a former employee who continues to retain company accommodation or other company property after termination, because the provision targets wrongful withholding and treats the default as continuing until the property is returned. A pending challenge to the termination order does not by itself suspend or nullify the termination, and service proceedings do not bar prosecution for wrongful retention of company property unless the termination is set aside or stayed by a competent forum. The conviction and related directions were affirmed. Case-Laws Companies Law Wed, 18 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111259