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Dinesh Lal Tarachandani And Anr. vs Union Of India And Anr.
2018 Latest Caselaw 1550 Del

Citation : 2018 Latest Caselaw 1550 Del
Judgement Date : 7 March, 2018

Delhi High Court
Dinesh Lal Tarachandani And Anr. vs Union Of India And Anr. on 7 March, 2018
$~62
*    IN THE HIGH COURT OF DELHI AT NEW DELHI

                              Judgment pronounced on: 7 March, 2018

+     W.P. (C) 2122/2018
      DINESH LAL TARACHANDANI AND ANR. ..... Petitioners
                   Through: Mr. Arunima Dwivedi, Ms. Preeti
                            Kumra and Mr. Raj Rishi, Advs.

                         versus

      UNION OF INDIA AND ANR.                  ... Respondents
                    Through: Mr. Ajay Digpaul, CGSC with
                              Ms. Madhuri Dhingra, Adv. for
                              UOI

CORAM:-
HON'BLE MR. JUSTICE RAJIV SHAKDHER



RAJIV SHAKDHER, J. (ORAL)

CM No.8810/2018

1. Allowed, subject to all just exceptions.

W.P. (C) 2122/2018 & CM No.8809/2018

2. Issue notice. Mr. Ajay Digpaul who appears for respondents, accepts notice.

2.1. Learned counsel for the petitioner says that the issue which arises for consideration in these cases is covered by the judgment of another Single Judge of this Court dated 21.12.2017, passed in W.P.(C)11381/2017, titled: Sandeep Singh & Anr. v. Registrar of Companies & Ors. This aspect is not disputed by the counsel for the respondents. Therefore, waiting for a counter affidavit would serve no purpose as the stand of the respondents is the same as in Sandeep Singh & Anr. (supra).

3. It is the case of the petitioner that he was appointed as Director on the Board of the Company by the name: Ideal Aviationnet Private Limited (for short 'IAPL'). The name of IAPL was struck off from the Register of Companies on account of failure to file the requisite financial statements and annual returns.

3.1. Furthermore, the petitioner submitted that IAPL had not been carrying on business for more than three years.

4. Besides this, I am informed that the petitioner is a Director on the Board of the following company, which is active and functional:

(i) Parazelsus India Private Limited.

4.1. Counsel for the petitioners says that since petitioner's name was included in the impugned list of disqualified directors for the financial years 2014 to 2016, his role as a Director is impeded insofar as the abovementioned active company is concerned. 4.2. Counsel for the petitioner says that since the petitioner does not wish to revive IAPL he would take steps under Section 248 (2) of the

Companies Act, 2013 in consonance with the directives contained in Sandeep Singh (supra).

4.3 Furthermore, counsel for the petitioner says that the petitioner would also like to avail the benefit of the Condonation of Delay Scheme, 2018.

5. Having regard to the assertions made in the petition and the records which are presently available with me, I am of the view that this petition can be disposed of with the direction that respondents will follow the directives contained in Sandeep Singh (supra). It is made clear that the directives contained therein will apply to the petitioners mutatis mutandis.

5.1 The petitioner will, however, take steps both in consonance with the provisions of Section 248 (2) of the Companies Act, 2013 and under the Condonation of Delay Scheme, 2018 within a period of ten (10) days from today.

5.2 In order to facilitate this exercise, operation of the impugned list, insofar as it concerns the petitioner, will remain stayed till 31.3.2018 or, till such time the respondents take requisite decision with regard to the request of the petitioner made to them in consonance with the provisions under Section 248 (2) of the Companies Act, 2013 and under the Condonation of Delay Scheme, 2018.

5.3 Needful will be done by the petitioner within ten (10) days from today. In addition thereto, for the moment, respondent no.2/Registrar of Companies will also activate the petitioner's DIN and DSC.

6. Consequently CM APPL. No. 8809/2018 shall stand closed.

7. Dasti.

RAJIV SHAKDHER, J MARCH 7, 2018 rb

 
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