https://www.taxtmi.com/caselaws?id=194706 The SC allowed the appeal, overturning the HC's judgment, and upheld the dismissal order dated 25.1.1991. The Court ruled that the Board of Directors' ratification validated the Managing Director's initially unauthorized termination of the respondent, emphasizing the principle that ratification by a competent authority can retrospectively legitimize an invalid act. No costs were incurred. en-us Mon, 24 Apr 2006 00:00:00 +0530 Sat, 09 Mar 2024 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194706 The SC allowed the appeal, overturning the HC's judgment, and upheld the dismissal order dated 25.1.1991. The Court ruled that the Board of Directors' ratification validated the Managing Director's initially unauthorized termination of the respondent, emphasizing the principle that ratification by a competent authority can retrospectively legitimize an invalid act. No costs were incurred. Case-Laws Indian Laws Mon, 24 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194706