M/S FINGROWTH COOPERATIVE BANK LIMITED vs. ASSISTANT COMMISSIONER OF INCOME TAX
ITA/9/2020HC Rajasthan24 Aug 2023
Bench: AUGUSTINE GEORGE MASIH,SAMEER JAIN
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