https://www.taxtmi.com/caselaws?id=257045 The High Court set aside the Company Law Board's decision and restored the application under Section 340 CrPC for perjury proceedings. The Court clarified that the First Court (CLB) was not barred from considering the application, distinguishing it from the Second Court's restrictions under Section 195 CrPC. The High Court directed the CLB to assess the application's merits according to Section 340 CrPC procedures, without making a determination on the forgery allegations at this stage. en-us Fri, 05 Dec 2014 00:00:00 +0530 Sat, 28 Feb 2015 09:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257045 The High Court set aside the Company Law Board's decision and restored the application under Section 340 CrPC for perjury proceedings. The Court clarified that the First Court (CLB) was not barred from considering the application, distinguishing it from the Second Court's restrictions under Section 195 CrPC. The High Court directed the CLB to assess the application's merits according to Section 340 CrPC procedures, without making a determination on the forgery allegations at this stage. Case-Laws Companies Law Fri, 05 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257045