https://www.taxtmi.com/caselaws?id=111396 Section 633(2) of the Companies Act, 1956 is confined to relief against liabilities arising under that Act and cannot be extended to secure protection from criminal proceedings under the Indian Penal Code. The provision has a limited scope and cannot be used as a shield to avoid consequences flowing from non-filing of the statement of affairs where the liability sought to be avoided is under the IPC. On that basis, the request for protective and ancillary directions was rejected and the application failed. en-us Fri, 01 Dec 2006 00:00:00 +0530 Mon, 23 Apr 2012 13:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111396 Section 633(2) of the Companies Act, 1956 is confined to relief against liabilities arising under that Act and cannot be extended to secure protection from criminal proceedings under the Indian Penal Code. The provision has a limited scope and cannot be used as a shield to avoid consequences flowing from non-filing of the statement of affairs where the liability sought to be avoided is under the IPC. On that basis, the request for protective and ancillary directions was rejected and the application failed. Case-Laws Companies Law Fri, 01 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111396