Monday, May 13, 2019

SC quashes complaint against shareholder for theft of docs from registered office as it wasn’t deceitful intention

CL : Where respondents who are shareholders of appellant Company and had filed a Company petition under Sections 397 and 398 of Companies Act, 1956 before Company Law Board (CLB) alleging oppression and mismanagement in affairs of appellant company i.e. Birla Corporation and appellant had filed a criminal complaint of theft of 54 documents on basis of which petition was filed, it is held that use of documents by respondents in judicial proceedings is to substantiate their case namely, "oppressio

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000188178/sc-quashes-complaint-against-shareholder-for-theft-of-docs-from-registered-office-as-it-wasn’t-deceitful-intention.aspx

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...