https://www.taxtmi.com/caselaws?id=290904 The Tribunal dismissed the petitioner's Company Petition due to significant delay of over six years, deeming the case not maintainable. The Company Application filed by the respondents challenging the petition was allowed, leading to the dismissal of the petitioner's claims under various sections of the Companies Act, 1956 and 2013. The Tribunal emphasized the importance of diligence and timeliness in legal actions, citing the principle that courts aid vigilant parties and refuse relief to those guilty of delay or laches. en-us Thu, 03 Aug 2017 00:00:00 +0530 Wed, 21 Oct 2020 09:29:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290904 The Tribunal dismissed the petitioner's Company Petition due to significant delay of over six years, deeming the case not maintainable. The Company Application filed by the respondents challenging the petition was allowed, leading to the dismissal of the petitioner's claims under various sections of the Companies Act, 1956 and 2013. The Tribunal emphasized the importance of diligence and timeliness in legal actions, citing the principle that courts aid vigilant parties and refuse relief to those guilty of delay or laches. Case-Laws Companies Law Thu, 03 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290904