https://www.taxtmi.com/caselaws?id=111914 The court found respondents Nos. 1 to 10 liable for fraud, misfeasance, and breach of trust, ordering them to compensate the company's losses. The appeals for discharge by respondents Nos. 8 and 10 were rejected, as they were deemed to have promoted the company to evade obligations. The court upheld the single judge's decision, dismissing all appeals and directing the official liquidator to sell the company's property for restitution. en-us Wed, 06 Aug 2008 00:00:00 +0530 Tue, 02 Dec 2014 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111914 The court found respondents Nos. 1 to 10 liable for fraud, misfeasance, and breach of trust, ordering them to compensate the company's losses. The appeals for discharge by respondents Nos. 8 and 10 were rejected, as they were deemed to have promoted the company to evade obligations. The court upheld the single judge's decision, dismissing all appeals and directing the official liquidator to sell the company's property for restitution. Case-Laws Companies Law Wed, 06 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111914