https://www.taxtmi.com/caselaws?id=380349 An appeal under Section 10(F) of the Companies Act, 1956 is confined to substantial questions of law, so interference is unavailable where the challenge is only to factual appreciation or discretionary assessment by the Company Law Board. In compounding under Section 621-A, the Board may consider relevant circumstances such as change in management, the nature of the default, and the wider dispute context, and a discretionary compounding order will stand unless it shows perversity, jurisdictional error, or non-application of mind. On that basis, the compounding order disclosed no legal infirmity and appellate interference was declined. en-us Fri, 28 Dec 2018 00:00:00 +0530 Mon, 20 May 2019 06:53:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380349 An appeal under Section 10(F) of the Companies Act, 1956 is confined to substantial questions of law, so interference is unavailable where the challenge is only to factual appreciation or discretionary assessment by the Company Law Board. In compounding under Section 621-A, the Board may consider relevant circumstances such as change in management, the nature of the default, and the wider dispute context, and a discretionary compounding order will stand unless it shows perversity, jurisdictional error, or non-application of mind. On that basis, the compounding order disclosed no legal infirmity and appellate interference was declined. Case-Laws Companies Law Fri, 28 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380349