https://www.taxtmi.com/caselaws?id=220961 The appeals challenging the Company Law Board's order dated 16th September 2011 were dismissed. The Board directed the BKS Group to pay a lump sum of Rs. 50 lakhs to the VKS Group for unpaid salaries. However, a subsequent order on 18th October 2011 clarified that after adjusting mutual dues, neither party owed the other any amount. Both parties accepted this order, leading to the dismissal of the appeals without any costs. en-us Tue, 12 Feb 2013 00:00:00 +0530 Sat, 16 Feb 2013 07:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220961 The appeals challenging the Company Law Board's order dated 16th September 2011 were dismissed. The Board directed the BKS Group to pay a lump sum of Rs. 50 lakhs to the VKS Group for unpaid salaries. However, a subsequent order on 18th October 2011 clarified that after adjusting mutual dues, neither party owed the other any amount. Both parties accepted this order, leading to the dismissal of the appeals without any costs. Case-Laws Companies Law Tue, 12 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220961