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    <title>2016 (7) TMI 860 - GUJARAT HIGH COURT</title>
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    <description>The court held that the show cause notice was invalid as it did not propose any penalty against the directors and failed to provide specific allegations or roles of the directors in any contravention. The imposition of penalties on the directors violated the principles of natural justice as they were not given a proper opportunity to respond to the allegations. Consequently, the court quashed the orders dated 15.07.2009 and 07.10.2010, allowing the petition and making the rule absolute.</description>
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      <description>The court held that the show cause notice was invalid as it did not propose any penalty against the directors and failed to provide specific allegations or roles of the directors in any contravention. The imposition of penalties on the directors violated the principles of natural justice as they were not given a proper opportunity to respond to the allegations. Consequently, the court quashed the orders dated 15.07.2009 and 07.10.2010, allowing the petition and making the rule absolute.</description>
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