https://www.taxtmi.com/caselaws?id=280614 The Appellate Tribunal found the company petition maintainable only with respect to the 1st respondent, ruling that the 2nd respondent lacked standing to file individually. The direction to reinstate the 2nd respondent as Director was set aside as the petition regarding the 2nd respondent was deemed not maintainable. The Tribunal clarified that earlier judgments would not prevent filing a fresh petition for a subsequent cause of action, emphasizing independence in decision-making. The appeal was allowed without costs. en-us Mon, 17 Apr 2017 00:00:00 +0530 Tue, 14 May 2019 07:39:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280614 The Appellate Tribunal found the company petition maintainable only with respect to the 1st respondent, ruling that the 2nd respondent lacked standing to file individually. The direction to reinstate the 2nd respondent as Director was set aside as the petition regarding the 2nd respondent was deemed not maintainable. The Tribunal clarified that earlier judgments would not prevent filing a fresh petition for a subsequent cause of action, emphasizing independence in decision-making. The appeal was allowed without costs. Case-Laws Companies Law Mon, 17 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280614