https://www.taxtmi.com/caselaws?id=213073 The High Court set aside the Company Law Board's order dismissing proceedings under Sections 397 and 398 of the Companies Act, citing flaws in judgment quality and procedural fairness. The High Court directed a fresh hearing by a different CLB member, emphasizing the importance of detailed and reasoned judgments. Additionally, costs were awarded to the appellants, and systemic issues within the CLB were highlighted, prompting the need for immediate corrective measures to uphold procedural fairness and justice. en-us Thu, 19 Apr 2012 00:00:00 +0530 Tue, 12 Feb 2013 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213073 The High Court set aside the Company Law Board's order dismissing proceedings under Sections 397 and 398 of the Companies Act, citing flaws in judgment quality and procedural fairness. The High Court directed a fresh hearing by a different CLB member, emphasizing the importance of detailed and reasoned judgments. Additionally, costs were awarded to the appellants, and systemic issues within the CLB were highlighted, prompting the need for immediate corrective measures to uphold procedural fairness and justice. Case-Laws Companies Law Thu, 19 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213073