PRINCIPAL COMMISSIONER OF INCOME TAX-1, KOLKATA vs. M/S. HEIGHT INSURANCE SERVICES LTD
ITAT/4/2020HC Calcutta16 Dec 2021
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
Section 178 of the
Companies Act, 2013. Therefore, the Chairman of the company, HVL cannot
arrogate unto himself the power to cause such appointment when such power
ultimately rests with the Board of Directors. The observation of the two Joint
APLs that the evident performance of BCrL, the flagship company of MP Birla
Group is deteriorating ever since, HVL became