1999 (4) TMI 638 - HC - Companies Law

Summary

The Delhi High Court allowed the application of Raj Kumar Goyal, ex-Director of M/s. Luk Auto Ancilliary India Ltd., in Crl.O.No. 2/82, quashing the prosecution proceedings against him. Goyal resigned from directorship more than five years before the company was wound up, and no prosecution was launched against him, indicating his resignation was accepted. The court discharged Goyal in Crl.O.2/82.