https://www.taxtmi.com/caselaws?id=793019 Coal beneficiation or washing was examined as a mixed question of fact and law under the Companies Act cost-audit framework, and the Court held that it could not be treated per se as outside manufacture, production or processing. Because the company's own disclosures, memorandum and filings suggested mining and mineral-related activities, and the process was said to alter raw coal, remove impurities and yield a commercially distinct product, the allegation of non-compliance with cost records and appointment of a cost auditor could not be quashed at the threshold. The criminal complaint was therefore not liable to be quashed. en-us Mon, 01 Jun 2026 00:00:00 +0530 Mon, 08 Jun 2026 08:52:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793019 Coal beneficiation or washing was examined as a mixed question of fact and law under the Companies Act cost-audit framework, and the Court held that it could not be treated per se as outside manufacture, production or processing. Because the company's own disclosures, memorandum and filings suggested mining and mineral-related activities, and the process was said to alter raw coal, remove impurities and yield a commercially distinct product, the allegation of non-compliance with cost records and appointment of a cost auditor could not be quashed at the threshold. The criminal complaint was therefore not liable to be quashed. Case-Laws Companies Law Mon, 01 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793019