https://www.taxtmi.com/caselaws?id=257347 The High Court allowed the appeal, quashing the Company Judge's observations and remanding the matter for further consideration. The appellant's argument, based on a previous judgment settling the issue of substitution, was accepted. The order directing the disbursement of funds to ICICI Bank Ltd. was challenged, with the High Court determining that the previous judgment's principles were applicable. The appellant or their successor could reapply, and the appeal was partially allowed in accordance with the previous judgment. en-us Wed, 08 Oct 2014 00:00:00 +0530 Wed, 04 Mar 2015 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257347 The High Court allowed the appeal, quashing the Company Judge's observations and remanding the matter for further consideration. The appellant's argument, based on a previous judgment settling the issue of substitution, was accepted. The order directing the disbursement of funds to ICICI Bank Ltd. was challenged, with the High Court determining that the previous judgment's principles were applicable. The appellant or their successor could reapply, and the appeal was partially allowed in accordance with the previous judgment. Case-Laws Companies Law Wed, 08 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257347