https://www.taxtmi.com/caselaws?id=376652 The Tribunal dismissed the petition filed under section 73(4) of the Companies Act, 2013, seeking repayment of an investment amount. It found that the investment was not a public deposit as alleged by the petitioner but rather a business partnership for a specific project. The lack of evidence supporting the investment as a public deposit led to the petition being deemed not maintainable, and the respondent's defense was upheld, resulting in the dismissal of the claim. en-us Thu, 06 Dec 2018 00:00:00 +0530 Thu, 14 Mar 2019 08:35:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376652 The Tribunal dismissed the petition filed under section 73(4) of the Companies Act, 2013, seeking repayment of an investment amount. It found that the investment was not a public deposit as alleged by the petitioner but rather a business partnership for a specific project. The lack of evidence supporting the investment as a public deposit led to the petition being deemed not maintainable, and the respondent's defense was upheld, resulting in the dismissal of the claim. Case-Laws Companies Law Thu, 06 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376652