https://www.taxtmi.com/caselaws?id=457860 An ex-director cannot file an appeal on behalf of a company without specific authorisation, and an appeal so filed is incompetent and not maintainable. The ex-director's former office alone did not confer locus standi or valid representation for the company. On penalty, mitigating circumstances were accepted only to the extent of reducing culpability; they did not justify complete exoneration. The reassessed penalty reflected the default, the delayed efforts to realise payment, and the company's separate liability. The company's appeal failed for want of competence, while the ex-director obtained only partial relief through substantial reduction of penalty. en-us Thu, 12 Sep 1996 00:00:00 +0530 Sun, 29 Sep 2024 16:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457860 An ex-director cannot file an appeal on behalf of a company without specific authorisation, and an appeal so filed is incompetent and not maintainable. The ex-director's former office alone did not confer locus standi or valid representation for the company. On penalty, mitigating circumstances were accepted only to the extent of reducing culpability; they did not justify complete exoneration. The reassessed penalty reflected the default, the delayed efforts to realise payment, and the company's separate liability. The company's appeal failed for want of competence, while the ex-director obtained only partial relief through substantial reduction of penalty. Case-Laws FEMA Thu, 12 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457860