https://www.taxtmi.com/caselaws?id=112397 The court found that the Company Law Board's order was not perverse and was supported by evidence. It concluded that the conditions under section 237(b) of the Companies Act, 1956 were met, justifying an investigation into the questionable transactions. As a result, the appeal challenging the maintainability of the appeal was dismissed, and the appellant was directed to pay costs. en-us Wed, 20 Dec 2006 00:00:00 +0530 Sat, 28 Apr 2012 11:17:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112397 The court found that the Company Law Board's order was not perverse and was supported by evidence. It concluded that the conditions under section 237(b) of the Companies Act, 1956 were met, justifying an investigation into the questionable transactions. As a result, the appeal challenging the maintainability of the appeal was dismissed, and the appellant was directed to pay costs. Case-Laws Companies Law Wed, 20 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112397