https://www.taxtmi.com/caselaws?id=464717 The SAT (Mumbai) held that the challenge to penal liability based on an appellant allegedly being KMP in two companies is precluded by earlier Tribunal decisions addressing the same investigation. Finding the controversy squarely covered by those precedents, the Tribunal rejected the appellant's contention and dismissed the appeal, upholding the imposition of penalty under the Companies Act, 1956. en-us Wed, 16 Feb 2022 00:00:00 +0530 Tue, 11 Nov 2025 19:01:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464717 The SAT (Mumbai) held that the challenge to penal liability based on an appellant allegedly being KMP in two companies is precluded by earlier Tribunal decisions addressing the same investigation. Finding the controversy squarely covered by those precedents, the Tribunal rejected the appellant's contention and dismissed the appeal, upholding the imposition of penalty under the Companies Act, 1956. Case-Laws SEBI Wed, 16 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464717