Avinash Hansraj Gajbhiye vs Official Liquidator,M/S. V. Pharma. P. ...

The Supreme Court upheld the dismissal of the appellant's review application regarding the orders passed in misfeasance proceedings under Section 543(1)(a) of the Companies Act. The Court clarified that the appeal was maintainable only concerning the order dated 16.8.2002, as the challenges to earlier orders were barred by limitation and lacked a condonation application. The Court affirmed the High Court's decision, emphasizing that the review of the earlier orders was not permissible under the Companies Act or the Code of Civil Procedure.