Judgement on using a device to escape statue amounts to fraud.
Advocate Ankur
(Querist) 25 March 2013
This query is : Resolved
Facts- company for avoiding tax and other statutory liabilities established subsidiaries and other companies. All this was done to escape statutory obligations.
Now I am looking for any judgement on the principle that if a company uses any device to evade or escape any statutory obligations it amounts to fraud on statute.
PLEASE help me with some judgements in this regard.
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