https://www.taxtmi.com/caselaws?id=288841 The Tribunal declined to modify the order requiring Directors to explain unauthorized money withdrawals. Directors returned partial amounts, with an undertaking to repay the full sum within four weeks. The Tribunal directed them to file an affidavit confirming repayment, emphasizing compliance and financial accountability. en-us Mon, 03 Feb 2020 00:00:00 +0530 Thu, 02 Jul 2020 08:05:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288841 The Tribunal declined to modify the order requiring Directors to explain unauthorized money withdrawals. Directors returned partial amounts, with an undertaking to repay the full sum within four weeks. The Tribunal directed them to file an affidavit confirming repayment, emphasizing compliance and financial accountability. Case-Laws Insolvency and Bankruptcy Mon, 03 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288841