https://www.taxtmi.com/caselaws?id=289863 The High Court of Madras dismissed the petition, ruling that a society formed under the Societies Registration Act is considered a corporation with a separate legal existence, and thus its debt cannot be scaled down under Act IV of 1938. en-us Fri, 16 Aug 1940 00:00:00 +0530 Wed, 26 Aug 2020 16:32:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289863 The High Court of Madras dismissed the petition, ruling that a society formed under the Societies Registration Act is considered a corporation with a separate legal existence, and thus its debt cannot be scaled down under Act IV of 1938. Case-Laws Indian Laws Fri, 16 Aug 1940 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289863