TMI Blog2007 (8) TMI 441X X X X Extracts X X X X X X X X Extracts X X X X ..... e appellants submitted that after having violated various orders passed, one of the non-official respondents has now come to dispose off the properties to meet the demands of creditors and to wipe out the liabilities. Ultimately, the people who are the creditors have to get back their money. Without entering into the matters relating to the commission of contempt, it would be appropriate for the c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Sessions Judge, Tis Hazari Court, dismissing the Criminal Revision Petition filed by the appellants. 4. Grievances in short were that one M/s. Habib Investment Ltd. incorporated under the Indian Companies Act, 1956 (in short the Act ) advertised in various newspapers inviting the general public to subscribe in various Fixed Deposits and saving schemes. Since the schemes were very lucrati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the order of attachment. 5. The learned Additional District and Sessions Judge rejected the application filed by the appellants on the ground that they had no locus standi to file a revision petition. The High Court by a single line order dismissed the petition filed before it. 6. During the course of hearing of the appeal, it was submitted by the non-official respondents that they a ..... X X X X Extracts X X X X X X X X Extracts X X X X
|