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    <title>1961 (2) TMI 97 - Bombay High Court</title>
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    <description>The term &quot;employee&quot; in Section 419 of the Indian Companies Act, 1956 was construed in its ordinary sense as a person presently in service, because the provision was clear and contained no indication that it extended to an ex-employee. The Court held that the wider object of the Act could not be used to enlarge plain statutory language, and distinguished foreign authority based on different definitions. As a result, a former employee had no statutory right to inspect bank receipts and securities relating to the provident fund after termination of service, and the prosecution for breach of Section 419 could not be sustained.</description>
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    <pubDate>Fri, 17 Feb 1961 00:00:00 +0530</pubDate>
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      <title>1961 (2) TMI 97 - Bombay High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=292561</link>
      <description>The term &quot;employee&quot; in Section 419 of the Indian Companies Act, 1956 was construed in its ordinary sense as a person presently in service, because the provision was clear and contained no indication that it extended to an ex-employee. The Court held that the wider object of the Act could not be used to enlarge plain statutory language, and distinguished foreign authority based on different definitions. As a result, a former employee had no statutory right to inspect bank receipts and securities relating to the provident fund after termination of service, and the prosecution for breach of Section 419 could not be sustained.</description>
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      <pubDate>Fri, 17 Feb 1961 00:00:00 +0530</pubDate>
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