The court disposed of a criminal complaint filed under the Companies Act, 1956. After noting the petitioner directors' expiration and the respondent's lack of involvement in company affairs, the present complaint was closed.
The present criminal complaint is closed and disposed of.
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M/S BHASIN ASSOCIATES LTD...... Petitioner Through Mr.Santanu Kanungo, Adv. for Ex.Director
versus
KULDEEP SINGH BHASIN & ORS...... Respondent Through Mr.Kunal Sharma, Adv. for OL
CORAM: HON'BLE MR. JUSTICE JAYANT NATH
O R D E R
% 09.01.2018
This criminal complaint is filed under section 454(5) & 5(A) of the Companies Act, 1956 to take cognizance of the offences and to punish the accused accordingly. The admitted case is that petitioners No.1 and 3 have expired. Accused No.2 has filed her reply. She has pointed out that she is an old aged lady of 72 years and was never involved in the affairs of the company. She is the wife of accused No.1 and had never signed any documents for the regular business. It is pleaded that she was only a housewife and that she is ready and willing to co-operate with the OL.
Learned counsel appearing for accused No.2 has stated that whatever documents were available have been handed over to the OL and no other document is available with her.
In view of the above, present complaint is closed and disposed of.
JAYANT NATH, J
JANUARY 09, 2018/ n
1 issue framed by the court
Whether the criminal complaint under sections 454(5) and 5(A) of the Companies Act, 1956 should be closed and disposed of given the petitioner directors' expiration and the respondent's non-involvemen
1 provisions across 1 enactments
M/S BHASIN ASSOCIATES LTD
KULDEEP SINGH BHASIN & ORS
JAYANT NATH
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
