https://www.taxtmi.com/caselaws?id=395985 The court dismissed the application, ruling that criminal proceedings could not be stayed under Section 391(6) of the Companies Act, 1956. It determined that no criminal proceedings had been initiated against the applicant by NSDC, as no FIR had been lodged. The court clarified that the EOW's notice did not constitute a pending civil or criminal proceeding that could be stayed under the Act. en-us Mon, 15 Jun 2020 00:00:00 +0530 Wed, 17 Jun 2020 10:32:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395985 The court dismissed the application, ruling that criminal proceedings could not be stayed under Section 391(6) of the Companies Act, 1956. It determined that no criminal proceedings had been initiated against the applicant by NSDC, as no FIR had been lodged. The court clarified that the EOW's notice did not constitute a pending civil or criminal proceeding that could be stayed under the Act. Case-Laws Companies Law Mon, 15 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395985