Exploring the application of Duomatic Principle in Indian Courts
– Adv. Priyanka Jain
– CA Sourav Khandelwal
In a significant legal victory, the Supreme Court of India sided with Mahima Datla and Ors. in their appeal against the High Court of Madras. The case centered around a director’s resignation in a company, and the court found no evidence of wrongdoing, ultimately relying on the duomatic principle to rule in favor of the appellants. This ruling underscore the importance of adhering to company regulations while also allowing for flexibility in certain circumstances.