https://www.taxtmi.com/caselaws?id=386893 A board resolution authorising execution proceedings is ineffective where it is passed by directors who lack Director Identification Numbers and are statutorily disqualified from continuing in office. On that basis, the board cannot be treated as valid for conferring authority to institute execution, and proceedings founded on such a resolution are a nullity in law. The challenge to the execution application therefore succeeded, while the separate objection to calculation of the decretal amount was not examined because maintainability failed and the earlier calculation order had attained finality. en-us Thu, 07 Feb 2019 00:00:00 +0530 Fri, 11 Oct 2019 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386893 A board resolution authorising execution proceedings is ineffective where it is passed by directors who lack Director Identification Numbers and are statutorily disqualified from continuing in office. On that basis, the board cannot be treated as valid for conferring authority to institute execution, and proceedings founded on such a resolution are a nullity in law. The challenge to the execution application therefore succeeded, while the separate objection to calculation of the decretal amount was not examined because maintainability failed and the earlier calculation order had attained finality. Case-Laws Companies Law Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386893