https://www.taxtmi.com/caselaws?id=374351 At the stage of framing charge, the court must examine only whether prima facie material exists, not undertake detailed appreciation of evidence. Statements of material witnesses indicated that the applicant had a substantial role in suggesting investments, facilitating transactions, and connecting the concerned persons with the company and its directors. On that material, the rejection of discharge was upheld and the applicant was not entitled to discharge. en-us Tue, 30 Oct 2018 00:00:00 +0530 Thu, 31 Jan 2019 07:54:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374351 At the stage of framing charge, the court must examine only whether prima facie material exists, not undertake detailed appreciation of evidence. Statements of material witnesses indicated that the applicant had a substantial role in suggesting investments, facilitating transactions, and connecting the concerned persons with the company and its directors. On that material, the rejection of discharge was upheld and the applicant was not entitled to discharge. Case-Laws Companies Law Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374351