https://www.taxtmi.com/caselaws?id=410036 The Tribunal rejected the application for transposition of a party in a Company Petition, finding that the Applicant, already a party as Petitioner No. 3, lacked bona fide intent and filed the application to cause delay. Since no relief was sought against the Applicant and no allegations were made, the Tribunal deemed him neither a necessary nor a proper party. Costs were imposed on the Applicant, and the Tribunal clarified that the Respondents could cite him as a witness if needed. en-us Fri, 11 Jun 2021 00:00:00 +0530 Fri, 23 Jul 2021 08:57:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410036 The Tribunal rejected the application for transposition of a party in a Company Petition, finding that the Applicant, already a party as Petitioner No. 3, lacked bona fide intent and filed the application to cause delay. Since no relief was sought against the Applicant and no allegations were made, the Tribunal deemed him neither a necessary nor a proper party. Costs were imposed on the Applicant, and the Tribunal clarified that the Respondents could cite him as a witness if needed. Case-Laws Companies Law Fri, 11 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410036