https://www.taxtmi.com/caselaws?id=271742 The Board found that the affairs of BBPL were mismanaged by Respondent Nos. 2 and 3, leading to a lack of benefit for the company. As a result, the Board appointed an Administrator to oversee BBPL's operations and seek a resolution. Resolutions from past meetings were suspended, and the Board restrained both parties from managing BBPL's bank accounts, now under the Administrator's control. Further proceedings were scheduled for March 2, 2016, with potential for an earlier resolution if the Administrator identified one. en-us Tue, 15 Dec 2015 00:00:00 +0530 Tue, 16 Feb 2016 06:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271742 The Board found that the affairs of BBPL were mismanaged by Respondent Nos. 2 and 3, leading to a lack of benefit for the company. As a result, the Board appointed an Administrator to oversee BBPL's operations and seek a resolution. Resolutions from past meetings were suspended, and the Board restrained both parties from managing BBPL's bank accounts, now under the Administrator's control. Further proceedings were scheduled for March 2, 2016, with potential for an earlier resolution if the Administrator identified one. Case-Laws Companies Law Tue, 15 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271742