https://www.taxtmi.com/caselaws?id=347086 The Tribunal dismissed the appeal, finding the Appellants' claims lacked merit. It held that the nominee directors' actions were compliant with the AoA, the investment structure did not breach FEMA regulations, and the Company Petition was vexatious and frivolous. The appeal was dismissed without costs. en-us Thu, 27 Jul 2017 00:00:00 +0530 Tue, 29 Aug 2017 07:07:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347086 The Tribunal dismissed the appeal, finding the Appellants' claims lacked merit. It held that the nominee directors' actions were compliant with the AoA, the investment structure did not breach FEMA regulations, and the Company Petition was vexatious and frivolous. The appeal was dismissed without costs. Case-Laws Companies Law Thu, 27 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347086