https://www.taxtmi.com/caselaws?id=439629 The court allowed the revision application, quashed and set aside the impugned order dated 09.01.2017, and dismissed the complaint against the applicants, who were Independent and Non-Executive Directors of a company. The court found that the prosecution of the applicants was bad in law as they were not involved in the day-to-day business activities of the company. The impugned order was deemed illegal, incorrect, and improper, leading to its setting aside. An authenticated copy of the judgment was to be sent to the Trial Court, and the record of the proceeding was to be consigned to the record department. en-us Wed, 17 May 2023 00:00:00 +0530 Thu, 29 Jun 2023 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439629 The court allowed the revision application, quashed and set aside the impugned order dated 09.01.2017, and dismissed the complaint against the applicants, who were Independent and Non-Executive Directors of a company. The court found that the prosecution of the applicants was bad in law as they were not involved in the day-to-day business activities of the company. The impugned order was deemed illegal, incorrect, and improper, leading to its setting aside. An authenticated copy of the judgment was to be sent to the Trial Court, and the record of the proceeding was to be consigned to the record department. Case-Laws Income Tax Wed, 17 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439629