https://www.taxtmi.com/caselaws?id=291817 The Tribunal dismissed CA 47/2016 without costs, ruling that the application is barred by constructive res judicata as the applicant previously had the opportunity to raise the issue of disqualification but did not do so. It held that the disqualification provisions of Sections 164 and 167 of the Companies Act 2013 do not have retrospective effect. Additionally, the Tribunal found that the applicant's case under Sections 397 and 398 did not demonstrate unfair prejudice due to the alleged non-compliance with Sections 164 and 167. en-us Tue, 22 Nov 2016 00:00:00 +0530 Wed, 25 Nov 2020 15:48:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291817 The Tribunal dismissed CA 47/2016 without costs, ruling that the application is barred by constructive res judicata as the applicant previously had the opportunity to raise the issue of disqualification but did not do so. It held that the disqualification provisions of Sections 164 and 167 of the Companies Act 2013 do not have retrospective effect. Additionally, the Tribunal found that the applicant's case under Sections 397 and 398 did not demonstrate unfair prejudice due to the alleged non-compliance with Sections 164 and 167. Case-Laws Companies Law Tue, 22 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291817