https://www.taxtmi.com/caselaws?id=407689 The Tribunal rejected the Applicant's prayers to recall the ex-parte order and keep the main proceeding in abeyance. It emphasized that the matter had been pending for 21 years and any further delays would be met with heavy costs and penalties. The Tribunal also indicated its readiness to take suo motu cognizance of the company's affairs to ensure compliance with corporate governance guidelines and justice to stakeholders. en-us Mon, 03 May 2021 00:00:00 +0530 Tue, 16 Nov 2021 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407689 The Tribunal rejected the Applicant's prayers to recall the ex-parte order and keep the main proceeding in abeyance. It emphasized that the matter had been pending for 21 years and any further delays would be met with heavy costs and penalties. The Tribunal also indicated its readiness to take suo motu cognizance of the company's affairs to ensure compliance with corporate governance guidelines and justice to stakeholders. Case-Laws Companies Law Mon, 03 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407689