https://www.taxtmi.com/caselaws?id=398047 The High Court of Delhi, in a judgment by Hon'ble Ms. Justice Hima Kohli and Hon'ble Mr. Justice Subramonium Prasad, dismissed petitions by directors seeking relief from disqualification under Section 164 of the Companies Act. The court noted the petitioners' significant delay in seeking relief, emphasizing that ignorance cannot justify such inactivity. Due to the lack of a valid explanation for the delay, the court exercised its discretionary power and dismissed the petitions, highlighting that judicial review may be declined in cases of unjustifiable delays in seeking legal remedies. en-us Mon, 20 Jul 2020 00:00:00 +0530 Sat, 05 Sep 2020 10:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398047 The High Court of Delhi, in a judgment by Hon'ble Ms. Justice Hima Kohli and Hon'ble Mr. Justice Subramonium Prasad, dismissed petitions by directors seeking relief from disqualification under Section 164 of the Companies Act. The court noted the petitioners' significant delay in seeking relief, emphasizing that ignorance cannot justify such inactivity. Due to the lack of a valid explanation for the delay, the court exercised its discretionary power and dismissed the petitions, highlighting that judicial review may be declined in cases of unjustifiable delays in seeking legal remedies. Case-Laws Companies Law Mon, 20 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398047