https://www.taxtmi.com/caselaws?id=397962 The Court dismissed the review petition challenging the interpretation of provisions of the Companies Act, 1956 regarding preferential claims of secured creditors under Section 529A. The Court found no error apparent on the face of the record and refused to entertain the petition, emphasizing that re-arguing settled points or presenting alternative views without new evidence did not warrant a review. Additionally, the failure to join necessary parties, specifically the workmen affected by the petition, led to the dismissal of the review petition. en-us Thu, 13 Aug 2020 00:00:00 +0530 Thu, 03 Sep 2020 09:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397962 The Court dismissed the review petition challenging the interpretation of provisions of the Companies Act, 1956 regarding preferential claims of secured creditors under Section 529A. The Court found no error apparent on the face of the record and refused to entertain the petition, emphasizing that re-arguing settled points or presenting alternative views without new evidence did not warrant a review. Additionally, the failure to join necessary parties, specifically the workmen affected by the petition, led to the dismissal of the review petition. Case-Laws Companies Law Thu, 13 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397962