https://www.taxtmi.com/caselaws?id=218108 The court held that the petitioner, a foreign company with an established place of business in India, failed to comply with Sections 592 to 594 of the Companies Act. As per Section 599, foreign companies must adhere to these provisions before initiating legal proceedings. The court found that the petitioner's operations in India, including warehouses and godowns, constituted an established place of business. Due to non-compliance, the court ruled in favor of the respondent, emphasizing the necessity for foreign companies to follow the Companies Act to avoid legal obstacles. The court also highlighted the opportunity for rectification of irregularities through prescribed procedures. en-us Tue, 11 Sep 2012 00:00:00 +0530 Wed, 13 Feb 2013 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218108 The court held that the petitioner, a foreign company with an established place of business in India, failed to comply with Sections 592 to 594 of the Companies Act. As per Section 599, foreign companies must adhere to these provisions before initiating legal proceedings. The court found that the petitioner's operations in India, including warehouses and godowns, constituted an established place of business. Due to non-compliance, the court ruled in favor of the respondent, emphasizing the necessity for foreign companies to follow the Companies Act to avoid legal obstacles. The court also highlighted the opportunity for rectification of irregularities through prescribed procedures. Case-Laws Companies Law Tue, 11 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218108