Deepak Puri & ANR. v. Central Bank Of India & ANR.

$~A-17 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ W.P.(C) 6009/2020 DEEPAK PURI & ANR.

..... Petitioner Through Ms.Maneesha Dhir, Adv. alongwith Mr.Karan Batura, Adv.

versus CENTRAL BANK OF INDIA & ANR.

..... Respondent Through Mr.O.P.Gaggar, Adv. for R-1

CORAM:

HON'BLE MR. JUSTICE JAYANT NATH

O R D E R

% 07.09.2020 This hearing is conducted through Video Conferencing. CM No.21677/2020 Exemption allowed, subject to all just exceptions. Application stands disposed of.

W.P.(C) 6009/2020 & CM No.21676/2020 1.

This Writ Petition is filed by the petitioner seeking to set aside the notice dated 26.8.2020 issued by respondent No.1/Bank. The case of the petitioner is that the petitioners were the Directors on the Board of the Company-Moser Baer Solar Ltd. which is stated to be under liquidation. 2.

A show cause notice was issued to the petitioners on 1.7.2020 by respondent No. 1 to the petitioner to show cause as to why the petitioner should not be treated as a wilful defaulter.

3.

Issue notice.

4.

Learned counsel for respondent No.1 accept notice. 5.

Learned counsel for respondent No. 1 on instructions states that the

petitioner has yet not been declared as a wilful defaulter and the matter is pending before the appropriate Committee. He further states that respondent No. 1 will abide by the law as laid down by the Supreme Court in the case of State Bank of India vs. M/s Jah Developers Private Limited and Ors., (2019) 6 SCC 787 before further steps are taken with regard to the issue of declaration of the petitioner as a wilful defaulter or not. 6.

Binding respondent No.1 to the above, nothing further survives in this petition. The petition is accordingly disposed of. Pending applications also stand disposed of.

JAYANT NATH, J SEPTEMBER 7, 2020/n