https://www.taxtmi.com/caselaws?id=424460 The court quashed Complaint Case No. 14 of 2018 as the allegations lacked essential elements for Sections 447 and 448 of the Companies Act, 2013. The court found the accusations to be improbable and lacking intent to deceive or gain undue advantage, deeming the continuation of proceedings an abuse of the court process. Consequently, CRR 493 of 2019 was allowed, and all proceedings in the case were terminated without costs being awarded. en-us Mon, 27 Jun 2022 00:00:00 +0530 Fri, 01 Jul 2022 09:33:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424460 The court quashed Complaint Case No. 14 of 2018 as the allegations lacked essential elements for Sections 447 and 448 of the Companies Act, 2013. The court found the accusations to be improbable and lacking intent to deceive or gain undue advantage, deeming the continuation of proceedings an abuse of the court process. Consequently, CRR 493 of 2019 was allowed, and all proceedings in the case were terminated without costs being awarded. Case-Laws Companies Law Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424460