https://www.taxtmi.com/caselaws?id=276946 A broad construction was applied to the disqualification provisions aimed at managing agents: a managing agent firm, its partners, and its power-of-attorney holder were treated as falling within the reach of an office or place of profit under the company where they exercised substantial managerial control and received remuneration-linked responsibility. The partnership form could not be used to evade the statutory purpose, and the law was read to prevent circumvention through a firm structure. On that reasoning, the managing agent arrangement attracted the disqualification under the relevant provisions, and the challenge succeeded. en-us Mon, 30 Jan 1961 00:00:00 +0530 Tue, 20 Nov 2018 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276946 A broad construction was applied to the disqualification provisions aimed at managing agents: a managing agent firm, its partners, and its power-of-attorney holder were treated as falling within the reach of an office or place of profit under the company where they exercised substantial managerial control and received remuneration-linked responsibility. The partnership form could not be used to evade the statutory purpose, and the law was read to prevent circumvention through a firm structure. On that reasoning, the managing agent arrangement attracted the disqualification under the relevant provisions, and the challenge succeeded. Case-Laws Companies Law Mon, 30 Jan 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276946