https://www.taxtmi.com/caselaws?id=114050 The Court held the ex-director liable for failing to submit the statement of affairs post-winding up, dismissing claims of exoneration and dropping prosecution. Emphasizing genuine compliance, the Court found discrepancies in the resignation claim and concluded that actions aimed at misleading the Court regarding company assets were frivolous. The judgment highlighted the importance of adhering to legal obligations, directing continuation of the criminal case and dismissing the petition, reply, and supplementary affidavit. en-us Thu, 09 Apr 2009 00:00:00 +0530 Tue, 11 Nov 2014 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114050 The Court held the ex-director liable for failing to submit the statement of affairs post-winding up, dismissing claims of exoneration and dropping prosecution. Emphasizing genuine compliance, the Court found discrepancies in the resignation claim and concluded that actions aimed at misleading the Court regarding company assets were frivolous. The judgment highlighted the importance of adhering to legal obligations, directing continuation of the criminal case and dismissing the petition, reply, and supplementary affidavit. Case-Laws Companies Law Thu, 09 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114050