https://www.taxtmi.com/caselaws?id=199847 The Court decided not to dismiss the petition outright even if the prayers under sections 397 and 398 were not pressed, allowing for evidence presentation on misfeasance allegations. It clarified that no finding of a prima facie case is required under Section 397 or 398. A fresh application is necessary under Section 543 (Schedule XI) for proceedings, to be filed independently and not as a sub-application. The current petition was adjourned for three months for action on alleged misfeasance, with costs to be costs in the cause. en-us Fri, 12 Jul 1963 00:00:00 +0530 Wed, 14 Mar 2018 11:26:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199847 The Court decided not to dismiss the petition outright even if the prayers under sections 397 and 398 were not pressed, allowing for evidence presentation on misfeasance allegations. It clarified that no finding of a prima facie case is required under Section 397 or 398. A fresh application is necessary under Section 543 (Schedule XI) for proceedings, to be filed independently and not as a sub-application. The current petition was adjourned for three months for action on alleged misfeasance, with costs to be costs in the cause. Case-Laws Companies Law Fri, 12 Jul 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199847