https://www.taxtmi.com/caselaws?id=341161 The Tribunal dismissed the petition due to non-compliance with the mandatory provisions of the Companies Act, 2013, specifically Section 68 governing share buy-backs. It held that transferred cases must adhere to the 2013 Act, rejecting arguments for the 1956 Act's applicability. The Tribunal emphasized that no vested rights under the 1956 Act could override the 2013 Act's provisions. en-us Tue, 28 Mar 2017 00:00:00 +0530 Tue, 04 Apr 2017 09:56:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341161 The Tribunal dismissed the petition due to non-compliance with the mandatory provisions of the Companies Act, 2013, specifically Section 68 governing share buy-backs. It held that transferred cases must adhere to the 2013 Act, rejecting arguments for the 1956 Act's applicability. The Tribunal emphasized that no vested rights under the 1956 Act could override the 2013 Act's provisions. Case-Laws Companies Law Tue, 28 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341161