https://www.taxtmi.com/caselaws?id=405951 The HC set aside the CLB's order dated 12.02.2002 in C.P.No. 01 of 2001, finding it exceeded authority under Section 397 of the Companies Act, 1956. The CLB's directive for share transfer lacked just and equitable grounds necessary for winding up, contradicting established legal principles. The appeal was allowed without costs, and the connected application was closed. en-us Fri, 05 Mar 2021 00:00:00 +0530 Mon, 28 Oct 2024 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405951 The HC set aside the CLB's order dated 12.02.2002 in C.P.No. 01 of 2001, finding it exceeded authority under Section 397 of the Companies Act, 1956. The CLB's directive for share transfer lacked just and equitable grounds necessary for winding up, contradicting established legal principles. The appeal was allowed without costs, and the connected application was closed. Case-Laws Companies Law Fri, 05 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405951