https://www.taxtmi.com/caselaws?id=394369 The Tribunal dismissed the appeals, affirming the impleadment of various parties, including auditors and directors, as necessary for a comprehensive adjudication of issues concerning the management and affairs of 'IL&FS' and its group companies. The decision highlighted the broad powers granted under Sections 241-242 of the Companies Act, 2013, to address matters of public interest and economic stability, emphasizing the need for a thorough investigation and appropriate remedial actions in light of allegations of fraud and mismanagement. en-us Wed, 04 Mar 2020 00:00:00 +0530 Fri, 10 Apr 2020 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394369 The Tribunal dismissed the appeals, affirming the impleadment of various parties, including auditors and directors, as necessary for a comprehensive adjudication of issues concerning the management and affairs of 'IL&FS' and its group companies. The decision highlighted the broad powers granted under Sections 241-242 of the Companies Act, 2013, to address matters of public interest and economic stability, emphasizing the need for a thorough investigation and appropriate remedial actions in light of allegations of fraud and mismanagement. Case-Laws Companies Law Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394369