Mon. Sep 21st, 2020

H.K.Chadha vs Basti Sugar Mills Co. Ltd. & Ors on 3 September, 2015

1 min read

1. The instant case manifests the difficulties which a peeved
statutory auditor can create for a company, if he is removed from
his office. Having knowledge of all intricate details about the
working of the company, he can misuse the same and make
distortions thereon by virtue of his position and resort to
exploitative complaints to statutory government authorities and
initiate malicious litigation as in the present case to prevent the
company from functioning or implementing decision.
2. The appellant hereby challenges the order dated 20 th
February, 2013 passed by the learned Company Judge approving a
merger between the respondent nos.1 and 2 companies. The
appellant also assails the order dated 23rd April, 2013 rejecting

C.A.No.645/2013 seeking modification of the court order accepting
the scheme.

Source: Indian Kanoon

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