9911796707
TMI Blog2018 (4) TMI 1876X X X X Extracts X X X X X X X X Extracts X X X X ..... dered view of this Court, restoration of the DIN numbers of the Directors concerned is necessary not only for submission of annual returns and financial statements of the subject company, but also for discharging their functions as Director in the other Companies and, therefore, restoration of the DIN numbers of the Directors concerned is essential. Moreover, the petitioners also intend to follow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... HATT COUNSEL FOR THE PETITIONERS: SRI D.NARENDAR NAIK COUNSEL FOR THE RESPONDENTS: SRI K. LAKSHMAN (ASSISTANT SOLICITOR GENERAL) ORDER Heard Sri D.Narender Naik, learned counsel appearing for the petitioners and Sri K.Lakshman, learned Assistant Solicitor General appearing for respondents 1 and 2. Perused the material record. Learned counsel for the petitioners, having reiter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing the DIN numbers and to direct the 1st respondent to reactivate Or restore the DIN numbers of the petitioners herein so as to enable them to submit annual returns and financial statements of the subject Company of which the petitioners are the Directors as per Condonation of Delay Scheme (COD Scheme). However, learned Assistant Solicitor General strongly opposed for granting any interim orde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fore they take appropriate steps for closure of their company of which they are the Directors by following the procedure established by law as such a course, according to them, would meet the ends of justice. In that view of the matter, there shall be stay of the proceedings disabling the DIN of the present petitioners. There shall be a further direction to the 1st respondent to restore the DIN ..... X X X X Extracts X X X X X X X X Extracts X X X X
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