https://www.taxtmi.com/caselaws?id=195939 An unexplained delay of more than five years barred the company petition on laches. Although applicability of Section 433 of the Companies Act, 2013 to older matters was disputed, the tribunal held that the appellant could not escape the consequence of inordinate delay where the cause of action had ended long earlier and no fresh cause was shown. The plea of non-receipt of dividends was rejected on the facts, including the appellant's own use of the relevant address. The appeal was therefore dismissed as not entertainable. en-us Thu, 12 Jan 2017 00:00:00 +0530 Wed, 15 Nov 2017 08:33:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195939 An unexplained delay of more than five years barred the company petition on laches. Although applicability of Section 433 of the Companies Act, 2013 to older matters was disputed, the tribunal held that the appellant could not escape the consequence of inordinate delay where the cause of action had ended long earlier and no fresh cause was shown. The plea of non-receipt of dividends was rejected on the facts, including the appellant's own use of the relevant address. The appeal was therefore dismissed as not entertainable. Case-Laws Companies Law Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195939