https://www.taxtmi.com/caselaws?id=352396 The Tribunal found serious irregularities and misconduct by a company, leading to non-cooperation of respondents in legal proceedings. Interim directions were issued under Section 242(4) of the Companies Act, 2013, suspending current directors and appointing nominee directors. The judgment emphasized compliance with Supreme Court orders related to bail proceedings, ensuring refunds to home buyers and outlining specific timelines. The Tribunal addressed public interest concerns, establishing a prima facie case based on investigations and opinions, despite the respondents' lack of cooperation in the legal process. en-us Fri, 08 Dec 2017 00:00:00 +0530 Thu, 14 Dec 2017 09:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352396 The Tribunal found serious irregularities and misconduct by a company, leading to non-cooperation of respondents in legal proceedings. Interim directions were issued under Section 242(4) of the Companies Act, 2013, suspending current directors and appointing nominee directors. The judgment emphasized compliance with Supreme Court orders related to bail proceedings, ensuring refunds to home buyers and outlining specific timelines. The Tribunal addressed public interest concerns, establishing a prima facie case based on investigations and opinions, despite the respondents' lack of cooperation in the legal process. Case-Laws Companies Law Fri, 08 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352396