https://www.taxtmi.com/caselaws?id=383608 The Appellate Tribunal dismissed the contempt petitions under Section 425 of the Companies Act, 2013, as the consent terms did not amount to an undertaking enforceable through contempt proceedings. The Tribunal clarified that execution of compromise decree should be pursued through legal channels rather than contempt petitions. The Tribunal emphasized that no contempt case was established against the Respondents, leading to the dismissal of the petitions. en-us Tue, 23 Jul 2019 00:00:00 +0530 Fri, 26 Jul 2019 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383608 The Appellate Tribunal dismissed the contempt petitions under Section 425 of the Companies Act, 2013, as the consent terms did not amount to an undertaking enforceable through contempt proceedings. The Tribunal clarified that execution of compromise decree should be pursued through legal channels rather than contempt petitions. The Tribunal emphasized that no contempt case was established against the Respondents, leading to the dismissal of the petitions. Case-Laws Companies Law Tue, 23 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383608