https://www.taxtmi.com/caselaws?id=297667 The Tribunal ruled that only members, not non-members, have the right to seek waiver under Section 244 of the Companies Act, 2013. Despite arguments citing legal decisions, the Tribunal emphasized that the provisions clearly state that only members can apply under Section 241 and that waiver can be granted on a member's application, not a third party's. As the applicant was a non-member, the Tribunal rejected the application, concluding that non-members cannot maintain an application under Section 244 of the Companies Act, 2013. en-us Wed, 27 Sep 2017 00:00:00 +0530 Fri, 17 Sep 2021 09:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297667 The Tribunal ruled that only members, not non-members, have the right to seek waiver under Section 244 of the Companies Act, 2013. Despite arguments citing legal decisions, the Tribunal emphasized that the provisions clearly state that only members can apply under Section 241 and that waiver can be granted on a member's application, not a third party's. As the applicant was a non-member, the Tribunal rejected the application, concluding that non-members cannot maintain an application under Section 244 of the Companies Act, 2013. Case-Laws Companies Law Wed, 27 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297667