https://www.taxtmi.com/caselaws?id=248980 The Company Application sought direction to audit accounts for credit facility renewal under Sections 397 & 398 of the Companies Act, 1956. The court directed for a statutory audit of the company's accounts for relevant financial years, emphasizing compliance with statutory provisions and cooperation among directors. The case was disposed of without costs, highlighting the importance of ensuring operational continuity and financial transparency through proper audit processes and directorial cooperation. en-us Tue, 04 Feb 2014 00:00:00 +0530 Tue, 01 Jul 2014 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248980 The Company Application sought direction to audit accounts for credit facility renewal under Sections 397 & 398 of the Companies Act, 1956. The court directed for a statutory audit of the company's accounts for relevant financial years, emphasizing compliance with statutory provisions and cooperation among directors. The case was disposed of without costs, highlighting the importance of ensuring operational continuity and financial transparency through proper audit processes and directorial cooperation. Case-Laws Companies Law Tue, 04 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248980