TMI Blog2010 (11) TMI 1142X X X X Extracts X X X X X X X X Extracts X X X X ..... amdas and Anandfor the Respondent. ORDER 1. This application is filed against the respondents to punish them for the offence committed under section 454(5) of the Companies Act, 1956 ( the Act ) for not filing the statement of affairs. 2. It is not in dispute that respondent No. 1 died on 2-11-2004 and respondent No. 3 died on 17-6-2008. Therefore the petition insofar as it relates to respondent N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... held on 31-1-1994 he retired as Director of the company in liquidation. He further contends that on 30-9-1996 he resigned as Vice-Chairman of the company in liquidation as per resignation letter dated 30-9-1996. Further it is not in dispute that between 2-7-1997 and 31-7-1998 respondent No. 2 was in Jail in connection with the affairs of the company. From this material on record it is clear that r ..... X X X X Extracts X X X X X X X X Extracts X X X X
|