https://www.taxtmi.com/caselaws?id=472018 Observations concerning directors' status and the filing of financial statements, made while directing appointment of a statutory auditor under the Companies Act, are confined to the limited purpose of enabling preparation of the company's financial statements. They cannot operate to the appellants' detriment in pending or future company proceedings. Any subsequent proceeding must be determined independently in accordance with law, without treating those observations as determinative beyond the auditor-appointment direction. en-us Thu, 03 Apr 2025 00:00:00 +0530 Sun, 27 Sep 2026 15:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472018 Observations concerning directors' status and the filing of financial statements, made while directing appointment of a statutory auditor under the Companies Act, are confined to the limited purpose of enabling preparation of the company's financial statements. They cannot operate to the appellants' detriment in pending or future company proceedings. Any subsequent proceeding must be determined independently in accordance with law, without treating those observations as determinative beyond the auditor-appointment direction. Case-Laws Companies Law Thu, 03 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472018