Wilful breach of undertaking given to Court would tantamount to Contempt of Court : Apex Court

CONTEMPT OF COURT ACT : SLP dismissed against impugned order of High Court holding that where director’s of company got court’s permission for deferment of repayment of loan amount by giving undertakings that they would deposit 25 per cent of notice amount in three instalments, but cheque deposited by them were dishonoured, they breached undertakings given and thus, guilty of contempt of courtCONTEMPT OF COURT ACT : SLP dismissed against impugned order of High Court holding that where director’s of company got court’s permission for deferment of repayment of loan amount by giving undertakings that they would deposit 25 per cent of notice amount in three instalments, but cheque deposited by them were dishonoured, they breached undertakings given and thus, guilty of contempt of courtwww.taxmann.com Latest Case LawsRead More

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