https://www.taxtmi.com/caselaws?id=213384 A conditional recall of a sale proclamation was withdrawn after the applicant's assertions that no ascertained liability was due were found contrary to the company's own prior admissions, and the stipulated deposit was not made in time. The text also states that false and misleading statements made in court can prima facie justify criminal contempt proceedings where they affect the course of justice, and that refund of a deposited amount may be deferred until sale-related expenses are verified and certified by the Official Liquidator. The sale process was restored, contempt notice was issued suo motu, and immediate refund relief was declined. en-us Wed, 02 Feb 2011 00:00:00 +0530 Thu, 07 Feb 2013 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213384 A conditional recall of a sale proclamation was withdrawn after the applicant's assertions that no ascertained liability was due were found contrary to the company's own prior admissions, and the stipulated deposit was not made in time. The text also states that false and misleading statements made in court can prima facie justify criminal contempt proceedings where they affect the course of justice, and that refund of a deposited amount may be deferred until sale-related expenses are verified and certified by the Official Liquidator. The sale process was restored, contempt notice was issued suo motu, and immediate refund relief was declined. Case-Laws Companies Law Wed, 02 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213384