The Supreme Court held that the Company Law Board has no power under the Limitation Act to condone delay in appeals under the Companies Act. Justices J.B. Pardiwala and R. Mahadevan overturned a Calcutta High Court backed order.
The Supreme Court held that the Company Law Board has no power under the Limitation Act to condone delay in appeals under the Companies Act. Justices J.B. Pardiwala and R. Mahadevan overturned a Calcutta High Court backed order.